Tech Company Financing Transactions
TXOne Networks Funding Round
TXOne Networks, operating out of Taipei, secured $70 million from TGVest Capital, Ash Tower and CDIB Capital Group.
Transaction Overview
Company Name
Announced On
8/19/2022
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to to expand its presence and defend industry verticals worldwide against complex and volatile cybersecurity threats to industrial control systems (ICS).
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
11F., No. 198, Section 2, Dunhua S Rd Da'an District
Taipei, 106-69
TW
Taipei, 106-69
TW
Phone
Undisclosed
Website
Email Address
Overview
TXOne Networks offers OT-native all-terrain cybersecurity solutions that ensure the reliability and safety of ICS environments through the OT zero trust methodology. We work together with industry and critical infrastructure leaders to create practical approaches to cyber defense that eliminate the security weaknesses prevalent in industrial environments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Terence Liu
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