Luoan Technology Completes Series C Financing of Over 500 Million Yuan

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Chuangyebang was informed that recently, Beijing Luoan Technology Co., Ltd. (abbreviation: Luoan Technology) officially announced the completion of the entire C round of strategic financing of over 500 million. This round of financing is led by new shareholders such as CICC Capital, China Railway Jianxin (a joint venture between China Railway Development Fund and CCB Investment), China Unicom Fund, and old shareholders SAIC Hengxu Capital and Rongteng 5G Industry Fund. It is mainly used to expand R&D investment and the introduction of high-end talents, further consolidate the technical competitiveness of Luoan Technology in the industrial control security industry, and at the same time, rely on the industry advantages of introducing strategic investors to accelerate the deep integration of technology and business.

According to reports, Luoan Technology was officially established in October 2016 and is one of the earliest manufacturers to enter the field of industrial control security. Guided by the concept of zero trust, the company focuses on independent research and development and technological innovation of industrial control security products. After 6 years of development, Luoan Technology has continuously expanded its core technology innovation capabilities and won the title of National High-tech Enterprise and National Specialized New “Little Giant” Enterprise. Emergency response is the key path, and the industrial layout is based on independent research and development, driven by technological innovation, and oriented by business needs.

Zhang Xiaodong, chairman of Luo’an Technology, said: Driven by the dual-core drive of national policies and market demand, my country’s industrial control security construction has been fully accelerated, and industrial control security has entered the “highway” and entered the “fast lane”. Luo’an Technology regards talents, technology and products as the company’s long-term core competitiveness, leverages the core advantages of the industrial control security expert team and the four major R&D centers in product development and technological innovation, and continues to go deep into the actual production scene of the enterprise to explore the actual business needs of the enterprise, accelerate Promote the deep integration of technology and business, create more differentiated security products and solutions that are “easy to use, easy to use, and durable”, continue to consolidate the industrial control security base, improve the network security protection capabilities of industrial enterprises, and ensure the security of national key information infrastructure Stable operation. Thanks to all capitals for their trust and support to Luoan Technology, we will always keep an open attitude and are willing to cooperate with all parties.

Liu Shulin, Managing Director of CICC Capital, said: With the gradual advancement of my country’s industrial digitalization process, the importance of internal and external network security in industrial systems is increasing, and the industrial control security market will usher in rapid development in the foreseeable next few years. CICC Capital believes that Luoan Technology has been deeply engaged in the industrial control security track for many years, and its products and solutions have strong market competitiveness; the management has a clear strategic plan and actively deploys the field of industrial Internet security. We believe that Luoan Technology can bring new changes to the industrial control security industry.

Pang Rundong, general manager of China Railway Jianxin, said: The railway is the main artery of the national economy, a key national information infrastructure and a major livelihood project. It is the backbone of the comprehensive transportation system and one of the main modes of transportation. important. With the rapid expansion of the high-speed railway network, the continuous expansion of transportation scale, and the iterative upgrade of technical equipment, the situation facing railway safety work has become increasingly severe and complex. Safety is the premise and foundation of all work, and the bottom line that must be adhered to in railway development. .

With the implementation of important policies such as Class Guarantee 2.0 and Customs Guarantee Regulations, the railway is further strengthening network security and informatization work. We recognize Luo’an Technology’s understanding and layout of the industrial control security industry, and are optimistic about the long-term development of product-based enterprises with R&D capabilities and innovation capabilities. Expand a broader market.

Xu Baiming, general manager of Unicom Innovation Fund, said: The most important scenario of 5G network is the industrial Internet, and big security is one of Unicom’s “five” strategic areas. Luo’an Technology’s core technical capabilities in the field of industrial control security, especially in the field of production business security With long-term practical experience, it is synergistic with China Unicom’s industrial chain.

Lu Yongtao, chairman of SAIC Hengxu Capital, said: The industrial control field is at the peak of national security infrastructure safety investment and construction. After years of hard work, the Luoan technology team has gradually become a front-line camp in the industrial control security industry. After this financing, greater business progress has been achieved.

Wen Mingxuan, investment director of Rongyi Capital, said: When Rongyi Capital invested in Luoan Technology in 2020, it valued Luoan Technology’s excellent capabilities in product development and innovation, as well as its forward-looking planning for the second growth curve of business security. It has been nearly 2 years so far, and I have witnessed the continuous enhancement of Luo’an Technology’s product power in the field of industrial control security, and the continuous improvement of its market position and revenue scale. At the same time, its development in the field of industrial field business security has far exceeded expectations at the time.

The continued increase in the follow-up investment this time is optimistic about the full-stack network security comprehensive solution capability of Luoan Technology in the new vertical scene of the industrial site. The product layout of Luoan Technology extends from industrial control security to business security. Currently, it is planning products and solutions for industrial Internet security scenarios. It is positioned as a full-stack integrated solution provider in the direction of industrial network security, and its future growth is expected.

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