INKA Entworks, a global pioneer in video content and mobile app security solutions, has announced a successful funding round of $8.2 million. This milestone investment was led by SV Investment, with additional contributions from DSC Investment, Stonebridge Ventures, Inopolis Partners, and IBK Industrial Bank. The funding underscores INKA Entworks’ position as a leader in the digital security space and paves the way for accelerated growth and innovation.
This new capital will empower INKA Entworks to scale its portfolio of state-of-the-art video content security and SaaS-based mobile app security solutions. The company aims to enhance its technology offerings, integrating advanced AI capabilities to deliver robust, revenue-protecting solutions across media, sports, banking, fintech, and retail sectors. Furthermore, the funding will drive the company’s strategic expansion into the U.S. and European markets while supporting talent acquisition to bolster its innovation efforts.
Lee Sung-min, Team Leader of SV Investment’s VC Division, remarked, “It is remarkable that a domestic software company has achieved phenomenal growth with 60% of revenue coming from overseas. This investment will support INKA Entworks in securing major North American and European clients and solidifying its leadership in the video content and app security markets with AI-driven solutions.”
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Over the past three years, INKA Entworks has achieved an impressive compound annual growth rate (CAGR) of 43% in international markets. Its flagship SaaS solutions, PallyCon and AppSealing, have become critical tools in combating hacking and illegal duplication, earning trust from a diverse client base. The company’s roster of industry leaders includes DAZN, Schneider Electric, PCCW, VIU, Vidio, LGU+, Bajajfinsev, and Prasar Bharti, reflecting its broad global influence.
James Sungmin Ahn, CEO of INKA Entworks, emphasized the company’s pioneering role, stating, “As the first domestic company to provide mobile app and content security technologies in a SaaS format, we have contributed to the growth of the security industry. This investment will solidify our position in South Korea and propel our efforts to succeed globally.”
Looking ahead, INKA Entworks is committed to advancing product innovation, deepening its global footprint, and strengthening its leadership in the digital security space. By setting new standards in content and app protection, the company is poised to shape a more secure digital future.
SOURCE: BusinessWire
