Chinese Academy of Sciences-owned Cash Capital secured an exit as big data cybersecurity technology provider HanSight was acquired for an undisclosed sum.

Cybersecurity company 360 Security Technology has agreed to acquire HanSight, a China-based big data cybersecurity technology provider backed by Chinese Academy of Sciences, DealStreetAsia reported today.
Founded in 2014, HanSight markets enterprise cybersecurity software that employs big data analytics to forensically examine potentially malevolent data traffic on the client’s network and present possible fixes to identified threats.
HanSight’s target sectors include government administration, energy, finance and pharmacy.
The company’s offering incorporates an anti-fraud software tool for the banking sector and a product tailored to preventing data leaks.
360 Security led HanSight’s series C round of undisclosed size in July 2019 after Cash Capital – an investment arm of Chinese Academy of Sciences – had co-led an RMB100m ($15m) series B round alongside venture capital firm IDG Capital in 2017, according to trade journal AVCJ.
HanSight had already completed a $4.3m series A round in 2016 backed by Cybernaut, Nanjing Gaoke and Hengyu Investment, and a seed round led by Lightspeed China Partners for which details could not be ascertained.
Venture firm Addor Capital and investment entities Winfine Capital and Sharewin Capital had all also backed HanSight previously, according to DealStreetAsia.