Das Security

About Das Security

DBAPPSecurity Co., Ltd. (DAS-Security) is a Chinese cybersecurity company founded in 2007 by Fan Yuan. Headquartered in Hangzhou, the company develops, produces, and sells network information security products and provides related professional services. Fan Yuan, who serves as the company's chairman, earned a master's degree in computer science from San Jose State University and worked in Silicon Valley for several years at companies like ArcSight before returning to China to establish DAS-Security. The company's founding was significantly marked by its success in providing cybersecurity services for the 2008 Beijing Olympic Games, which earned it an award from the Olympic organizing committee.

The company went public on the Shanghai Stock Exchange's Sci-Tech Innovation Board (STAR Market) on November 5, 2019, under the stock code 688023. Its IPO was priced at 56.50 CNY per share, raising over 1 billion CNY. Notable investors include Hangzhou Ali Venture Investment Ltd., a subsidiary of Alibaba Group, which led a Series D funding round in 2015.

DAS-Security's business model focuses on a comprehensive suite of products and services covering application security, data security, cloud security, Internet of Things (IoT) security, and industrial control security. Their core strategy, referred to as "DAS," emphasizes Data security, AI-empowered solutions, and Security services. The product portfolio includes web application firewalls (WAF), database auditing tools, privileged access management (PAM), and security information and event management (SIEM) systems. The company serves a wide range of clients primarily in the domestic Chinese market and has provided security for major national events like the G20 Hangzhou Summit and the Shanghai Expo. Revenue is generated through the sale of these hardware and software products, as well as subscription-based services like SaaS cloud security and managed detection and response (MDR).