Monk's Hill watches cyber security with eye of the tiger
Horangi seeks to help companies' IT professionals manage digital security without having to be cyber security experts
Claudia Chong
Singapore
THE cyber security challenge for South-east Asia's vast sea of small and medium-sized enterprises (SMEs) is a deep-seated lack of both resources and know-how in the field, says Monk's Hill Ventures' co-founder and managing partner Lim Kuo-Yi.
Addressing the gap with a holistic, multi-layered solution that is also cost-efficient is how cyber security startup Horangi wound up with an investment from Monk's Hill, which led a US$3.1 million Series A round in 2017 with participation from 500 Startups and Australia venture firm Right Click Capital. Since then, Horangi has expanded to seven offices globally.
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