TASS
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TASS - overview
Established
2005
Location
Beijing, -, China
Primary Industry
IT Security/Cybersecurity
About
Founded in 2005 and based in Beijing, China, Beijing JN TASS Technology Co. , Ltd. , doing business as TASS offers cryptographic solutions focused on ensuring data security. In May 2026, Sansec acquired a 18.
18% stake in TASS for approximately CNY 68. 18 million. Following the acquisition, Sansec holds 100% stake in the target company, making it a wholly-owned subsidiary. TASS specializes in a comprehensive range of cryptographic solutions that cater to various sectors including finance, government, and cloud computing.
Their core offerings include cloud-based cryptography applications, encryption devices, and integrated systems supporting commercial cryptographic algorithms. These solutions address critical challenges like ensuring data security during transmission, compliance with national standards, and integration with general servers and industrial control systems. TASS's products are utilized by a diverse client base, including financial institutions and government agencies across Asia and Europe, where there is a growing demand for enhanced data protection. The firm's revenue model is primarily derived from direct sales and partnerships with enterprises requiring cryptographic solutions, engaging in B2B transactions that include subscription-based services and one-time purchases for hardware and software solutions.
Current Investors
Sansec
Primary Industry
IT Security/Cybersecurity
Sub Industries
Integrated Circuits, Hardware, IT Security/Cybersecurity, Monitoring & Security Software
Website
www.tass.com.cn
Verticals
Cloud Computing, Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
TASS - financials
| Fiscal Year Ended | Dec 31, 2023 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
TASS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | TASS | - |
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