# STC Lab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stc-lab

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.stclab.com
- Total disclosed funding: $6.9M
- Latest round: Series A (Aug 3, 2022)
- Investors on record: 3

## About

STC Lab is a technology company specializing in advanced traffic and resource management solutions, focusing on tools that ensure smooth digital operations and enhance user experiences during high-traffic periods.Founded in 2020 in Seoul, South Korea, STC Lab develops innovative solutions for traffic management. The firm has successfully completed one deal, raising KRW 9 billion in Series A funding on August 3, 2022, from investors including DS Asset Management, Leading Ace Capital, and TY Partners Korea. The company is led by CEO Steven Park, who has a background in technology startups.STC Lab specializes in advanced traffic and resource management solutions, with primary offerings including NetFUNNEL, BotManager (MBUSTER), and Wave Autoscale. NetFUNNEL provides a Virtual Waiting Room Service to manage traffic surges, BotManager (MBUSTER) protects against automated attacks, and Wave Autoscale supports auto-scaling configurations for resource management. They serve clients in sectors such as e-commerce and digital services, focusing on enhancing operational efficiency and customer engagement.In the most recent year, STC Lab reported revenue of KRW 8,560,608.10, generated mainly through subscription-based models associated with its flagship products. Clients engage through annual contracts that provide ongoing support and updates, allowing businesses to effectively manage their digital traffic and resource needs.Following the Series A funding round in August 2022, which raised KRW 9 billion, STC Lab plans to strengthen its R&D capabilities to enhance traffic management in cloud-oriented IT infrastructure. The company aims to introduce new products targeting efficiencies in resource management and expand its market reach into North America and Asia by the end of 2023.

## Funding rounds

- Series A, Aug 3, 2022, $6.9M — Leading Ace Capital, TY Partners Korea, DS Asset Management

## Investors

- Leading Ace Capital — Series A
- TY Partners Korea — Series A
- DS Asset Management (https://capitalatlas.ai/funds/ds-asset-management) — Series A