Beijing Rising Technology
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Beijing Rising Technology - overview
Established
1991
Location
Beijing, Beijing, China
Primary Industry
IT Security/Cybersecurity
About
Beijing Rising Technology specializes in cybersecurity, providing advanced solutions for network and data security. The company focuses on threat detection and protection services to safeguard clients against cyber threats. Founded in 1991, Beijing Rising Technology is engaged in the cybersecurity sector, offering various protective solutions. The company is headquartered in Beijing, China.
In January 2011, Origo Partners sold part of its stakes in Beijing Rising Technology for USD 2. 5 mn. The firm has conducted a total of 4 deals since its inception, raising a total of USD 2. 5 mn.
The founder's previous ventures are not mentioned. Beijing Rising Technology offers a comprehensive range of cybersecurity products, including advanced threat detection engines, endpoint protection systems, and data security platforms. Key offerings such as the Rising AI network threat detection engine and the Rising Endpoint Threat Detection and Response (EDR) system effectively mitigate cyber threats in real-time. Additionally, the Rising Security Orchestration, Automation, and Response (XSOAR) system enhances incident response by automating security operations.
The company serves various clients, including government agencies and enterprises across Asia, particularly in sectors with significant cybersecurity needs. In 2018, Beijing Rising Technology reported a revenue of USD 10,772,652. 50, with an EBITDA of USD -4,070,791. 10 for the same year.
The company's revenue model primarily relies on subscription-based services and direct sales of its cybersecurity products, ensuring customer retention through annual subscription agreements. Beijing Rising Technology plans to enhance its product offerings, with upcoming launches aimed at improving network security solutions by late 2023. The company is targeting expansion into Southeast Asia and South America by 2024, seeking to tap into growing markets for cybersecurity services. Recent funding from its latest deal will support these initiatives, enabling further development of new products and expansion efforts.
Current Investors
CDF-Capital, ChinaEquity Group, Origo Partners
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity
Website
www.rising.com.cn
Total Amount Raised
Subscriber access only
Beijing Rising Technology - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 141,982,911.1 | 165,396,903.1 | 170,237,264.9 | - | - | - |
| % Revenue Growth (YoY) | - | 16.5% | 2.9% | - | - | - |
| EBITDA (USD) | (4,389,611.2) | 6,290,476.1 | 953,695.2 | - | - | - |
| Operating Income (USD) | (12,065,161.5) | (1,062,904.6) | (5,588,687.2) | - | - | - |
| Operating Margin | (8.5%) | (0.6%) | (3.3%) | - | - | - |
| % EBITDA Margin | (3.1%) | 3.8% | 0.6% | - | - | - |
| NET Income (USD) | 3,166,518.1 | 4,119,102.7 | 6,370,763.6 | - | - | - |
| % Net Margin | 2.2% | 2.5% | 3.7% | - | - | - |
Beijing Rising Technology - employee data
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