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
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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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