PIOLINK

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PIOLINK - overview

Established

2000

Location

Seoul, -, South Korea

Primary Industry

Software

About

Based in Seoul, South Korea, Piolink, Inc. specializes in optimizing cloud data centers, providing advanced solutions that enhance application delivery and security for businesses across multiple sectors. Founded in 2000 in Seoul, South Korea, Piolink is dedicated to delivering high-end networking solutions. The company was founded by Sunghan Bae, who has a history of innovation in technology.


Piolink operates globally and has established a significant presence in regions such as Japan and Southeast Asia. Piolink specializes in optimizing cloud data centers through a diverse range of products and services focused on enhancing application delivery and security. Their main offerings include the Application Delivery Controller PAS-K, which ensures application availability and boosts performance, and the WEBFRONT-K web application firewall, which delivers comprehensive web security and API protection. Moreover, Piolink provides Cloud Managed Networking solutions and a variety of TiFRONT products, including security switches and backbone switches, which facilitate robust network management and seamless operation.


Their clients range across various sectors, including government, healthcare, and finance, addressing the needs of enterprises aiming to improve security, performance, and operational efficiency within their cloud environments. In 2023, Piolink reported a revenue of USD 45. 21 mn, with an EBITDA of USD 7. 99 mn.


The company operates on a business-to-business (B2B) model, generating revenue primarily through subscription-based offerings and direct sales to corporate clients, which includes contracts with organizations requiring advanced networking and security solutions. The pricing structure is tiered according to client needs, providing customized solutions that align with varying deployment modes and service levels.


Primary Industry

Software

Sub Industries

Web Applications, Application Integration Software

Website

www.piolink.com/

Verticals

Cloud Computing

Total Amount Raised

Subscriber access only

PIOLINK - timeline of key events

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PIOLINK - financials

Fiscal Year EndedDec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)20,156,686,27823,096,371,84923,015,461,08822,729,935,16135,813,841,80929,431,876,42527,358,728,41435,120,292,98439,838,205,70854,333,902,64661,637,231,707---
% Revenue Growth (YoY)-14.6%(0.4%)(1.2%)57.6%(17.8%)(7.0%)28.4%13.4%36.4%13.4%---
EBITDA (USD)4,476,503,3104,266,622,2331,250,524,429(1,313,121,770)2,069,058,838(231,372,924)2,221,104,3235,387,731,3777,899,992,55512,397,590,18712,778,937,181---
Operating Income (USD)4,038,513,3104,266,622,2331,250,524,429(2,331,837,770)698,094,838(1,606,121,924)1,125,230,3234,152,865,3776,516,631,55510,944,521,18711,405,606,181---
Operating Margin20.0%18.5%5.4%(10.3%)1.9%(5.5%)4.1%11.8%16.4%20.1%18.5%---
% EBITDA Margin22.2%18.5%5.4%(5.8%)5.8%(0.8%)8.1%15.3%19.8%22.8%20.7%---
NET Income (USD)4,887,266,5444,297,389,9981,608,828,369(2,879,353,635)(2,227,640,919)(2,967,703,722)362,885,0545,621,734,18510,675,133,28811,168,484,21112,145,167,814---
% Net Margin24.2%18.6%7.0%(12.7%)(6.2%)(10.1%)1.3%16.0%26.8%20.6%19.7%---

PIOLINK - employee data

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