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

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 EndedDec 31, 2023
Revenue (USD)-
% Revenue Growth (YoY)-
EBITDA (USD)-
Operating Income (USD)-
Operating Margin-
% EBITDA Margin-
NET Income (USD)-
% Net Margin-

TASS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedTASS-

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