HanSight raises $14.8m for Series B funding round

Information security provider HanSight has raised around $14.8m for its Series B fundraising round.

Backers to the round included CASH Capital and IDG Capital, according to an article by China Money Network.

The company offers cyber security services based on its big data security analytics, helping with log management, SIEM, network traffic, and forensics. Through its technology it helps businesses detect and respond to security attacks threatening its property and financial assets.

HanSight provides its services to the finance, public security, telecommunications, energy and public infrastructure sectors. The company’s clients include China Merchant Bank, China Construction Bank, Pacific Insurance, WuXi PharmaTech, and the Press and Publication Bureau, among others, according to the company.

With the capital, HanSight plans to develop its financial institution and police department technology offerings, the report states.

Following the latest capital injection, total funding into HanSight has reached around $18.8m, with the company nabbing a $4m Series A last year.

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