Shenzhen Rongan Network Technology Co.
Latest round
- Series B
Last raised
- Oct 2020
Total raised
- $15M
Investors
- 4
About Shenzhen Rongan Network Technology Co.
, Ltd.Founded in 2018 in Shenzhen, China, Rongan Networks specializes in networking technologies, offering services that have evolved to meet market demands. The firm was co-founded by Guiyao Chen and Leon Teng, with Guiyao Chen currently serving as CEO.Rongan Networks specializes in providing advanced networking solutions designed to enhance connectivity and data management across various sectors. The company's core offerings include high-performance routers, switches, and data management software that facilitate efficient data flow and communication for enterprises. These products are tailored to address challenges in network reliability and scalability, catering primarily to medium to large enterprises seeking to optimize their IT infrastructure. Rongan Networks' client base encompasses technology firms, financial institutions, and educational organizations, particularly in North America, Western Europe, and parts of Asia, where the demand for robust networking solutions is rapidly increasing.Rongan Networks generates revenue primarily through a combination of direct sales and service subscriptions. The company's transactions typically involve B2B agreements, wherein clients purchase networking hardware and ongoing support packages that include software updates and technical assistance. These clients engage in structured contracts, often on an annual basis, to ensure continuous access to the latest technologies and service enhancements. Flagship products are bundled with tailored service plans to meet the unique requirements of each customer, further driving revenue growth., Ltd. Upcoming products focused on enhancing network security are currently in the design phase, with plans for release in 2023. Rongan Networks aims to expand into new markets, particularly targeting regions in Southeast Asia and South America by the end of 2024.
Who invested in Shenzhen Rongan Network Technology Co.
4 investors across 3 rounds
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Questions about Shenzhen Rongan Network Technology Co.
Who invested in Shenzhen Rongan Network Technology Co.?
Shenzhen Rongan Network Technology Co. has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shenzhen Rongan Network Technology Co. raised?
Shenzhen Rongan Network Technology Co. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Shenzhen Rongan Network Technology Co. last raise money?
Shenzhen Rongan Network Technology Co.'s most recent round on record is a Series B, in Oct 2020.
What does Shenzhen Rongan Network Technology Co. do?
Shenzhen Rongan Network Technology Co. is a it security/cybersecurity company.
Where is Shenzhen Rongan Network Technology Co. headquartered?
Shenzhen Rongan Network Technology Co. is headquartered in Shenzhen, China.
Which VCs invest in companies like Shenzhen Rongan Network Technology Co.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back it security/cybersecurity companies at Shenzhen Rongan Network Technology Co.'s stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Series B
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