AI Cybersecurity Company 'AIcera' Secures Follow-up Investment of 12 Billion KRW

AI-based cybersecurity company 'AIcera' announced on the 25th that it has secured follow-up investment worth 12 billion KRW. With this, AIcera's cumulative investment amount has reached 23 billion KRW.

This additional investment was led by KB Investment, with participation from JB Investment, Kyobo Life Insurance, and Smilegate Investment. The investors highly evaluated the growth potential of the cybersecurity market and AIcera's technological strengths within the security industry. In particular, the global market share and recognition had a significant impact.

Furthermore, the positive evaluations from NHN and Netmarble, who made strategic investments in AIcera, as well as from NCSoft’s CEO Kim Taek-jin and Director Yoon Song-yi, who participated as individual investors, also played a favorable role. The fact that Kim Hwi-gang, the first hacker-turned-professor and a leading authority in Korea’s cybersecurity field at Korea University Graduate School of Information Security, participated as a co-founder also received high marks.

AIcera supplies the integrated security solution 'Criminal IP,' which provides attack surface management (ASM), threat intelligence (TI)-based real-time risk analysis, and vulnerability information. It was the first in Korea to introduce the subscription-based security service (SeCaaS) model chosen by global cybersecurity companies such as Google Mandiant and Recorded Future.

Criminal IP is used not only domestically but also by overseas government agencies, financial institutions, and large corporations, and it is serviced in approximately 150 countries.

Kim Seung-hwan, Director at KB Investment who led the investment, said, "AIcera’s Criminal IP is a SaaS subscription product that is already generating sales overseas, and we judged that it has the potential to be recognized as a global security company, which led us to make the investment."

Kang Byung-tak, CEO of AIcera, stated, "Based on this funding, we plan to accelerate the expansion of AI capabilities and overseas market share and aim to pursue an initial public offering (IPO) within three years."