# TXOne Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/txone-networks

- Industry: IT Security/Cybersecurity
- Headquarters: Taipei, Taiwan - China
- Website: www.txone.com
- Total disclosed funding: $134M
- Latest round: Series B (May 7, 2024)
- Investors on record: 17

## About

Established in 2018 and based in Taipei City, Taiwan, TXOne Networks Inc. provides cybersecurity solutions for industrial control systems, assuring dependability and security against cyberattacks. The company provides industrial intrusion protection solutions, including web filtering, network segmentation, and isolation services, and has been honored with SC Awards Europe 2023, Global InfoSec Awards 2023, and other awards. In August 2022, the company raised USD 70 million in Series B.

The company focuses on the security requirements of the industrial Internet of Things, such as smart manufacturing, smart cities, and smart energy, allowing businesses to safeguard their systems from cyber-attacks. TXOne offers solutions to address security flaws that are common in industrial settings.

The company plans to utilize the funding in August 2021 to improve its highly flexible Industrial Control System (ICS) security products, grow its company in specific locations, and increase its marketing and after-sales support teams. TXOne will also continue to work on simplifying the complex and rapidly changing cybersecurity challenges that plague businesses at various stages of digital transformation, as well as perfecting the defensive solutions required for the ICS industry's digital transition.

## Funding rounds

- Series B, May 7, 2024, $51M — CDIB Capital Group, Applied Ventures, Industrial Technology Investment Corporation, Taiwania Capital, TGVest Capital, Pegatron Venture Capital, CDIB-Innolux L.P.
- Series B, Aug 18, 2022, $70M — CDIB Capital Group, JIF Capital, MediaTek, Taya Venture Capital, TGVest Capital, Purestone Silks, KAiA Capital, CDIB-Innolux L.P., Ta Ya Electric Wire & Cable, Simplo Technology Group, CHT Security Corporation, Ash Tower Limited
- Series A, Aug 19, 2021, $13M — JIF Capital, Jadestone Capital

## Investors

- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Series A, Series B
- Jadestone Capital (https://capitalatlas.ai/funds/jadestone-capital) — Series A
- CDIB Capital Group (https://capitalatlas.ai/funds/cdib-capital-group) — Series B
- MediaTek — Series B
- Taya Venture Capital (https://capitalatlas.ai/funds/taya-venture-capital) — Series B
- TGVest Capital (https://capitalatlas.ai/funds/tgvest-capital) — Series B
- Purestone Silks — Series B
- KAiA Capital — Series B
- CDIB-Innolux L.P. — Series B
- Ta Ya Electric Wire & Cable — Series B
- Simplo Technology Group — Series B
- CHT Security Corporation — Series B
- Ash Tower Limited — Series B
- Applied Ventures (https://capitalatlas.ai/funds/applied-ventures) — Series B
- Industrial Technology Investment Corporation (https://capitalatlas.ai/funds/industrial-technology-investment-corporation) — Series B
- Taiwania Capital (https://capitalatlas.ai/funds/taiwania-capital) — Series B
- Pegatron Venture Capital — Series B