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Tophant

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An innovative Internet security service provider

Huangpu, ChinaFounded 2014Cybersecurity
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Tophant

Established in 2014 by founder Tianqi Zhang, Tophant has positioned itself as a significant provider of network security data analysis and online security operations in China. Headquartered in Shanghai, the firm has secured substantial financial backing, raising a total of $117 million over seven funding rounds, with its Series D round in November 2021 bringing in $46.9 million. This influx of capital from investors, including notable entities like China Telecom Group and China Internet Investment Fund, underscores the market's confidence in its operational strategy and technological capabilities.

Tophant operates on a business-to-business model, providing a suite of security solutions to a diverse clientele that includes prominent names like Huawei, China Mobile, and Starbucks. The company's core business revolves around AI-driven security platforms and managed services designed to help enterprises proactively identify and mitigate digital threats. Its revenue is generated through these offerings, which cater to the growing need for robust cybersecurity infrastructure in an increasingly digital landscape. The firm's solutions are designed to provide comprehensive protection by performing mobile app security assessments, vulnerability tests, and penetration tests for IoT devices.

The company's product portfolio is extensive, featuring the "Douxiang Intelligent Security" platform, which encompasses a range of security data analysis and online operational products. Key offerings include a full-traffic security computing and analysis platform, a metadata fusion security management platform, and systems for vulnerability and attack surface management. Tophant also offers managed security services through its MSSP platform and operates the "Bugsee" security crowd-testing and operations platform. A unique aspect of its ecosystem is the operation of "FreeBuf," a well-regarded network security industry portal, which serves as both a community hub and a channel for disseminating industry knowledge.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Huangpu, China
Employees
1
Open positions
None listed
Dealroom signal
21.0/100
Industry
Security
Sector
Cybersecurity
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Sep 2025 $28M — Eastern Bell Capital ↗
SERIES DOther financing Nov 2021 $41M $165M Undisclosed —
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Growth signals

Tophant website traffic

Latest recorded traffic for Tophant is 44K monthly website visits, up 7.3% over the last three months. Tophant's team declined 50% over the past year.

Latest monthly visits44K 3-month web change+7.3% 1-year team growth-50%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later6 investors entered at this stage

  • Eastern Bell Venture Capital
  • Yinxinggu Capital
  • Linear Capital Partners
  • Cowin Capital
  • Hui Capital
  • Eastern Bell Capital
Employees 1 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Huangpu HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tophant on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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