TeamT5 Expands its Cyber Threat Intelligence Solutions Securing Series A FundingTeamT5 Deepens Footprint in Japan Market, Establishing K.K.
TeamT5, a provider of top cyber threat intelligence and endpoint detection and response (EDR) solutions in APAC, has secured Series A funding as it looks to expand into the Japanese market. The round was led by JAFCO, the Asia group company of the prevailing Japanese venture capital firm. Also participating were ITOCHU, one of Japan’s largest multi-national corporations with many business units globally, as well as MACNICA, Japan’s predominant cybersecurity service provider. TeamT5 also established the K.K. subsidiary Japan office to strengthen local sales activities, provide better service and help support expansion of distribution.
According to the Information-Technology Promotion Agency (IPA) research of "Information Security 10 Major Threats 2022”, damage caused by ransomware and theft of sensitive information through target attacks are the top security concerns for Japan businesses. The Series A funding will better position TeamT5 to address these kinds of cyberthreats in Japan by providing cyber threat intelligence reports and anti-ransomware solutions.
Tsai-Sung Ting (TT), TeamT5 founder & CEO, says, “TeamT5 has been providing solutions to Japanese clients for a long time, including large enterprises and banks. From this moment onward, we will not only be able to provide better service for existing clients, but we will also be able to gain new prospects in Japan. We look forward to working with Japanese investors and extending our reach into other industries and segments, as we continue to enhance our product competitiveness and recruit more local talents to ensure superior service.”
JAFCO remarks, “The cybersecurity market is projected to grow significantly in this digital era. JAFCO is very happy to know that TeamT5 provides best-in-class cybersecurity protection & defense solutions for clients, safeguarding and ensuring the integrity of critical digital assets. We hope more Japanese enterprises will recognize the importance of cybersecurity and mitigating risks.”
ITOCHU comments, “We are thrilled to work with Team T5, providing solutions invented by the world’s most experienced talents in the security industry. With this investment in Team T5, we expect that Team T5 will be able to accelerate their expansion efforts to bring their cutting-edge technologies to enterprises, service providers and government organizations across the region looking for greater security and peace of mind.”
MACNICA states, “TeamT5’s solutions are widely adopted by Japanese clients. We expect the TeamT5 brand to reach more enterprises and governments through our strengthened collaboration.”
Based in Taiwan, TeamT5 is a firm of over 10 years, consisting of world-class cyber threat analysts, engineers, and professionals. Leveraging geographic and cultural advantages, TeamT5 is sought after for its special expertise on cyber attackers and cyber espionage in the Asia Pacific region. Derived from in-house research in malware & Advanced Persistent Threat (APT) detection, TeamT5 provides cyber threat intelligence reports and anti-ransomware solutions to clients in the USA, Japan, and Taiwan. Clients include government agencies, financial institutions, telecom operators, high-tech enterprises, electronic manufacturing service companies, and managed security service providers (MSSP). Passionate and dedicated, TeamT5 is committed to refining and enhancing its anti-ransomware and endpoint detection and response solutions to always ensure the utmost protection for its enterprises’ daily operations.