About Venustech
Venustech is a company based in Beijing (China) founded in 1996.. Venustech has raised $19.22 million across 2 funding rounds from investors including Ceyuan Ventures. The company has 6,380 employees as of December 31, 2024. Venustech has completed 1 acquisition, including Hangzhou Hezhong Data Technology. Venustech operates in a competitive market with competitors including Juniper Networks, Spirent, Tufin, Allot and EclecticIQ, among others.
- Headquarter Beijing, China
- Employees 6380 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Venustech Group, Inc. Class A
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Annual Revenue
$450.72 M (USD)-26.51as on Dec 31, 2024
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Net Profit
$-31 M (USD)-130.53as on Dec 31, 2024
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EBITDA
$-11.49 M (USD)-113.66as on Dec 31, 2024
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Total Equity Funding
$19.22 M (USD)
in 2 rounds
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Latest Funding Round
$11.82 M (USD), Series B
Feb 01, 2008
- Investors
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Employee Count
6380
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Venustech
Venustech is a publicly listed company on the SZSE with ticker symbol 002439 in China, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Venustech
Venustech has successfully raised a total of $19.22M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.82 million completed in February 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $11.8M
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First Round
First Round
(01 Dec 2005)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2008 | Amount | Series B - Venustech | Valuation |
investors |
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| Dec, 2005 | Amount | Series A - Venustech | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Venustech
Venustech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ceyuan Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech investments in China are managed by Ceyuan Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Venustech
Venustech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hangzhou Hezhong Data Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Big data platform for OLTP & OLAP processing and big data security
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Venustech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Venustech Comparisons
Competitors of Venustech
Venustech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Juniper Networks, Spirent, Tufin, Allot and EclecticIQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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| domain | founded_year | HQ Location |
Provider of automated testing and assurance solutions for networks, security, and positioning
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| domain | founded_year | HQ Location |
Fire-wall based network security solutions
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| domain | founded_year | HQ Location |
Cloud-based platform is used for network management and optimization.
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| domain | founded_year | HQ Location |
Cyber threat intelligence, analytics, and management platform is provided.
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| domain | founded_year | HQ Location |
Provider of cyber-security analytics platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Venustech
Frequently Asked Questions about Venustech
When was Venustech founded?
Venustech was founded in 1996 and raised its 1st funding round 9 years after it was founded.
Where is Venustech located?
Venustech is headquartered in Beijing, China.
Who is the current CEO of Venustech?
Jia Wang is the current CEO of Venustech.
Is Venustech a funded company?
Venustech is a funded company, having raised a total of $19.22M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7.4M, raised on Dec 01, 2005.
How many employees does Venustech have?
As of Dec 31, 2024, the latest employee count at Venustech is 6,380.
What is the annual revenue of Venustech?
Annual revenue of Venustech is $450.72M as on Dec 31, 2024.
What does Venustech do?
Venustech provides network security products and professional security services. Products include UTM, Firewall, intrusion detection system, threat detection system, web application firewall, intrusion prevention firewall, anti-DDoS, VPN, Vulnerability scan, Configuration Verification, security audit, and log audit. It expanded its portfolio to include products for endpoint security, data loss prevention, security management platform and website security. Claims to have served over 30,000 users worldwide including 30 Fortune Global 500 companies, over 80 of Chinese banks and over 60 of Chinas large state-owned enterprises. Clientele includes Bank of China, China Construction Bank, Harbin Institute of Technology, Guangxi University, China Southwest Airlines, Tencent, CCTV, CAAC, China Telecom, etc.
Who are the top competitors of Venustech?
Is Venustech publicly traded?
Yes, Venustech is publicly traded on SZSE under the ticker symbol 002439.
How many acquisitions has Venustech made?
Venustech has made 1 acquisition, including Hangzhou Hezhong Data Technology.
Who are Venustech's investors?
Venustech has 1 investor. Key investors include Ceyuan Ventures.
What is Venustech's ticker symbol?
The ticker symbol of Venustech is 002439 on SZSE.
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