SIG Asia was among the investors as enterprise device authentification technology provider Trusfort raised $18.6m.
China-based mobile encryption technology developer Beijing Trusfort Technology has completed an RMB120m ($18.6m) series B2 round featuring a subsidiary of technology and trading firm Susquehanna International Group, 36kr reported on Monday.
The round closed in December 2017, and SIG Asia Investment was joined by private equity firm Yunfeng Capital, which led the round, as well as Dreamfly Capital and Redpoint Ventures.
Trusfort has created an authentication system for mobile phones issued by enterprises to their employees. It uses a…