Channel Corp., which operates an all-in-one biz messenger "Channel Talk," has completed a series C investment round worth about 28 billion won.

 

Leading domestic and foreign VCs and PEs, including lead investors Atinum Investment and KB Investment, Pavilion Capital, IMM Investment, Bon Angels, Guardian Fund, and Laguna Investment, participated. Temasek, the parent company of Pavilion Capital, is the world's largest state-owned investor with a 100% stake in the Singapore government and is known to have a portfolio of Airbnb, Alibaba, and Tencent. As a result, Channel Corporation's cumulative investment reached about 40 billion won.

 

While demand for non-face-to-face chatbot counseling and marketing platforms to expand the online commerce market has increased since the COVID-19 pandemic, Channel Talk has attracted attention as Korea's leading B2B SaaS startup.

 

Channel Talk plans to further enhance the combination of chatting and CRM through this investment attraction and establish itself as a popular tool that any SMB company or online operator can easily use.

 

It is also stepping up efforts to target overseas markets. Channel Talk is currently operating in 22 countries worldwide and collecting 15% of its total sales in the global market. Japanese sales are on a net march, up about seven times from a year earlier than last year. On top of that, as it has succeeded in entering Shopify, a Canadian e-commerce dinosaur company, it aims to expand its experience and awareness of using Channel Talk to overseas operators to be recognized for its competitiveness as a service that works in the global market.

 

Channel Talk's fast-growing performance in the first half of this year since the official launch of the service in 2017 showed a growth rate of more than ten times in subscribers in just three years compared to 2018. Channel Talk currently uses Channel Talk services by more than 58,000 domestic and foreign companies.

 

80% of active customers using Channel Talk are online operators, startups, and small and medium-sized businesses (SMB), helping to manage customer relations and improve sales through Channel Talk's all-in-one biz messenger solution that combines chatbot chat services, marketing tools, and team messengers. When introducing Channel Talk, the residual rate of maintaining service use without termination reaches 98.1%, helping to drive growth.

 

Channel Talk is solidifying its position as an essential business platform as online and mobile-based chat counseling is accelerating along with the non-face-to-face post-corona era, said Choi Si-won, CEO of Channel Corporation. "In the future, it will strengthen its competitiveness and become a basic tool used by many companies."

 

 

Cloudike, a member company of the Born2Global Centre, has deployed a business cloud service in Southeast Asia through a collaboration with Naver Business Platform (NBP). Cloudike has been an active member company of the Born2Global Centre since 2016.

 

The release was done via Naver Cloud Platform (NCP), NBP's public cloud service. The server for Cloudike, which was established for NBP's new regional business activities, is located in Singapore, ensuring high-speed, stable access for Southeast Asian companies. Cloudike is available in several languages, including Malaysian, Indonesian, and English.

 

Cloudike is a SaaS cloud-based storage service, allowing companies to share and synchronize files easily. Clients can specify the exact storage capacity they need, and the service has comprehensive URL and internal file sharing options, allowing for secure, easy sharing. The shared files can be viewed immediately on a mobile or PC browser without needing to be downloaded, and without an account.

 

Large companies such as Nexon, CJ, HK innoN, and TERAFUNDING are already using an in-house (on-site) corporate version of Cloudike. In addition, 350 SMEs ranging from broadcasting and multimedia production to construction and education are using a subscription-based, SaaS version of Cloudike. These companies cite cost-efficiency, reliability, speed, security, and ease-of-use as Cloudike's main strengths.

 

Sun Ung Lee, CEO of Cloudike said, "We are delighted to expand our business cloud subscription service, which has already been tried and tested in Korea, into Southeast Asia. Given that the most important step for digital workspace transition is integrating the basics of collaboration--file sharing and management--to a cloud system, I am confident that Cloudike will accelerate the adoption of "untact" and smart work practices by Southeast Asian companies."

 

Kieun Park, CTO of NBT said, "We are helping Korea's most competitive startups in their efforts to branch out overseas. Cloudike is a cloud service provider whose technologies have already been verified domestically and overseas. We will support Naver's cloud platform in Singapore such that Cloudike can achieve success in Southeast Asia."

 

Lockin Company and WeWork signed a partnership contract to establish a more safe environment for mobile applications.

 

Earlier this month, the mobile security corporation Lockin Company, a member company of the Born2Global Centre, signed a partnership contract with WeWork, the world's largest shared workspace provider, for the establishment of a safe service environment for mobile applications.

 

Lockin Company's recently-released app security solution, LIAPP, provides app security services that are optimized for a mobile environment through a SaaS basis. The application's entire source code is encrypted to prevent security leaks and to block attempts at hacking debugging, decompiling and etc. When a user uploads a completed application to the LIAPP cloud server, the LIAPP security service ensures that the application is security-enabled in few seconds. This high-efficiency security service is especially useful for companies that do not have their own security team or require immediate security protection/coverage.

 

Lockin Company's recently-released app security solution, LIAPP, provides app security services that are optimized for a mobile environment through a SaaS basis. The application's entire source code is encrypted to prevent security leaks and to block attempts at hacking debugging, decompiling and etc. When a user uploads a completed application to the LIAPP cloud server, the LIAPP security service ensures that the application is security-enabled in few seconds. This high-efficiency security service is especially useful for companies that do not have their own security team or require immediate security protection/coverage.



The mobile security provider Lockin Company will soon be releasing an upgraded version of its mobile app security solution LIAPP (Lockin App Protector).

NEXT LIAPP, the latest creation of K-ICT Born2Global Centre member Lockin Company, is a revolutionary mobile security solution that blocks attempt to hack mobile apps at the source. More than that, the product aims to change the conventional view that mobile security solutions are expensive and difficult to use.

First launched in 2014, LIAPP offers a convenient, high-performance mobile app security service based on its accumulated security expertise and competitive product lines. Payments for its products and services can be made on a single-use or monthly basis. LIAPP offers excellent mobile security performance through various features, including source code protection (encryption and obfuscation), native library protection, strong memory protection, and anti-repackaging.

Under its motto "Not a Big Dummy, Only Essential Features," Lockin Company aims to become a crucial partner of successful mobile service providers by preventing fatal hacking of mobile services through an easy-to-implement method.

High degree of cloud-based security and simple, quick implementation

The recently upgraded LIAPP is characterized not only by its enhanced security features but use of an elegant and intuitive user-oriented UI that eliminates all complicated application procedures. It not only uses a cloud format to enable a one-step installation process, which includes everything from payment to security solution implementation, but also takes into consideration the price, which has thus far been the biggest obstacle to the adoption of mobile security solutions. For on-site products, the cost of a single-use ticket is USD 39.99, while the monthly user fee is USD 139.99. For business products, which provide monitoring, various risk-detection functions, and unlimited customer support during the service period, a monthly user fee of USD 249.99 is charged. LIAPP ensures the convenient and stable operation of its clients' services by providing information on detected threats, detection priority rankings in accordance with ascertained threats, and a detection rate progression graph.

The upgraded LIAPP will initially be available in two versions (on-site and business), and an iOS version that includes a user-reporting function and SaaS will be made available in early 2018.

Protection of app's major assets from all forms of hacking

The biggest security threat for mobile applications is the leaking of core data. As shown by the recent IP camera hacking incident, the increased use of smart devices in the home is giving rise to new and diverse cases of hacking. With the growing range of household IoT devices on the market, hackers are increasingly attempting to hack the apps that control these devices. Most hacking cases involve source code theft. To prevent the leakage of core data from mobile applications and protect apps from diverse forms of hacking, Lockin Company offers security functions that are essential for app management. These are: source protection, anti-repackaging, game engine protection, anti-tamper, virtual machine detection, anti-debugging and memory protection.

Lockin Company CEO Choi Myoung Kyu said, "With the increased dissemination of smartphones, methods of hacking mobile apps have been evolving. Having recognized the fact that many companies and individuals are hesitant to adopt security solutions due to the high cost involved, we plan to provide an upgraded version of LIAPP that not only offers a high degree of security but comes with a reasonable price tag. Through LIAPP's various features, which are clearly differentiated from those of its competitors, we at Lockin Company hope to create a mobile world where users are safe from hacking by enabling everyone to easily apply security solutions to their smartphones."

 

 

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