Battleground.
According to the Beijing News, informed sources Alibaba, a subsidiary of Alibaba, plans to fully acquire the identity authentication cloud management platform Beijing Jiuzhou Yunteng Technology Co., Ltd., and has completed the formal signing. In this news, Kyushu Yunteng was asked to verify, and Kyushu Yunteng official declined to comment.
Reported on Kyushu Yunteng. Established in 2014, Kyushu Yunteng provides unified identity authentication and IDaaS certified cloud and application cloud services. Founder and CEO Shang Honglin is a continuous entrepreneur. He used to be HP Software Technology Service Manager and IAM Architect, focusing on cloud and mobile identity security. He also founded a consulting company in Canada. Director Chen Wenfeng was the senior vice president of NSFOCUS, a listed company of information security, and the general manager of Beijing Tsinghua Unisplendour Information Security Co., Ltd.
In the context of the digital transformation of Internet companies, Shangyun is an inevitable step. According to the “2018-2023 China Information Security Industry Panoramic Survey and Development Strategy Research Advisory Report” published by China Research Institute of Industry and Technology, the scale of China’s information security industry hardware market is about 20.594 billion yuan in 2015, and will reach the whole year by 2018. 36.851 billion yuan. In the field of identity authentication, OKTA, Ping, and Onelogin are among the top companies in the world. Among them, OKTA has been listed in 2017, and its current market value is 13.112 billion US dollars.
After the company is in the cloud, the internal identity authentication and management of multiple systems will encounter many challenges. Not only need to be managed separately through multiple sets of organizational structures, but also a mechanism for unified account maintenance and authorization management. The IDaaS identity authentication cloud service provided by Kyushu Yunteng has the technology of independent intellectual property rights, which enables enterprise employees to access the internal systems of an enterprise through digital certificates after activation authentication through a unified portal, without having to repeat login authentication. It has been reported that in this process, Kyushu Yunteng generates a pair of public and private keys for each user, as well as dynamic factors for dimensions such as IP and environment. The “Private Key + Dynamic Factor” combination becomes the identity string, one at a time, and then triggered by the fingerprint to the cloud comparison.
Before, Kyushu Yunteng won a 60-yuan A round of financing in June 2018, jointly invested by Qiming Ventures and Dachen Venture Capital; in 2017, it received the Green League 10 million-level Pre-A round of financing.
From the giant’s to B layout, this year is an active year. The cloud original market is a battleground for the military. The giants are making up their own capabilities through acquisitions and other means. Just this month, Ali acquired two companies, namely the network security startup Changting Technology and the enterprise collaboration software Teambition. This year’s fast-growingXunyun also recently acquired a one-stop cloud software service platform CODING.