Hylands assists Dingxiang Technology to complete the financing of Series A

On February 14, 2018, Beijing Dingxiang Technology Co. Ltd. (Dingxiang Technology), a leading enterprise of Internet security business in China, announced the completion of financing of hundreds of millions of yuan. The financing was led by Harvest Investments, followed by Chenxing Capital and Orient Securities Capital.

Dingxiang Technology is committed to creating a zero-risk digital world. With the help of a team of top Internet security and big data scientists and rich practical experience in the field of Internet security business against the dark industry. Dingxiang Technology has quickly launched a panoramic business security risk control system V3.0, providing services for clients in the Internet industry and winning a high degree of recognition in the market. The company received nearly CNY 100 million of angel investment from Sequoia Capital at the beginning of its establishment and completed several hundred million yuan of series A financing after 8 months.

With industry-leading panoramic risk control technology and intelligent terminal security technology, Dingxiang Technology has developed a financial security brain based on practical needs and a full-scene, intelligent, and reliable business security system. The concept of ‘shared security’ it pioneered has become the design standard of a new generation of security products. Dingxiang Technology has, through a panoramic business security risk control system, sensor less verification, virtual machine source code protection, security SDK and other solutions and products, provided BAT-level business security capabilities for e-commerce, finance, IoT and other industries, and protected platforms and users from various risk threats such as bonus hunter, false borrowing, identity fraud, transaction fraud, account theft, malicious crawlers, code cracking, etc.

As the legal adviser of Dingxiang Technology, Hylands provided compliance legal services for its series A financing by conducting legal due diligence on Dingxiang Technology to reflect the company’s actual conditions. The project was jointly completed by partner Zhitong ZHU, attorney Minmin SHAN and assistant lawyer Qianqian LIANG, and they provided high-quality legal services in the process of the financing.