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Horangi obtains US$ 23.1 million through Series B funding

26 March 2020 10:57

JAKARTA. Horangi, an integrated cybersecurity software and service provider, obtained US$ 23.1 million through Series B funding led by Provident Growth.

Horangi will use the funding to support the expansion of its business in the Southeast Asian region. In addition, Horangi will strengthen its position as a cybersecurity company in Southeast Asia.

Michael Aw, Partner of Provident Growth, said the investment issued through the Series B is in line with Provident Growth's investment philosophy. "To support technology companies in the growth stage," Aw explained to idnfinancials.com.

In addition to Provident Growth, there are a number of venture capital involved in the Series B funding, such as Monk's Hill Ventures, Right Click Capital, and Genesis Alternative Ventures.

For information, Horangi was launched in 2016. At present, Horangi has served more than 200 customers including Gojek, Tiket.com, Shopback, and Property Guru. (KR/AR)

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