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AI & Enterprise

LabradorLabs completes 14.5 billion won Series B funding round

Software supply chain security company LabradorLabs said on Monday it has raised 14.5 billion won in a Series B funding round. Shinhan Venture Investment, DS Asset Management, POSCO Technology Investment, Stonebridge Ventures, Korea Asset, Tkain Investment and Novosec Investment participated as major investors. The company plans to use the funds to secure key technologies, recruit talent and expand in global markets, mainly North America.

AI & Enterprise

LabradorLabs hires Cho Hak-su as vice president to expand global market

Software supply chain security company LabradorLabs said on Wednesday it has hired Hoseo University professor Cho Hak-su (조학수) as vice president. Cho previously served as vice president and CTO at Wins, where he led a KOSDAQ listing and expansion into overseas markets. LabradorLabs said it plans to accelerate entry into North America and Japan based on Cho’s experience with global telecom carriers and large overseas clients, commercialising large-scale security platforms, and know-how in exports and local business expansion.