South Korea-based global content security leader INKA Entworks has secured an investment of 11.1 billion KRW (approximately 8.1 million USD). The funding round was led by SV Investment, with participation from DSC Investment, Stonebridge Ventures, InnoPolis Partners, and Industrial Bank of Korea (IBK).

INKA Entworks offers cloud-based SaaS solutions, including its mobile app security service, AppSealing, and media content security platform, PallyCon. Headquartered in South Korea with offices in the U.S., India, and Indonesia, the company has demonstrated strong growth, achieving a 43% CAGR in overseas sales over the past three years while steadily expanding its global customer base.

With this new funding, INKA Entworks plans to:

• Strengthen its global presence by accelerating expansion into the U.S. and European markets,
• Enhance its technological capabilities by attracting top talent domestically and internationally, and
• Further refine its products to maintain a competitive edge.

The company provides integrated security solutions, such as mobile app protection, DRM (Digital Rights Management) for digital video content, and forensic watermarking. Its technologies are widely adopted by leading OTT platforms and enterprises worldwide. INKA Entworks currently serves over 400 clients, including major domestic players like Naver, CJ E&M, TVING, and Devsisters, as well as global giants such as AMC Networks, Schneider Electric, State Bank of India (SBI), and FinAccel.

INKA Entworks has also earned international recognition for its expertise and innovation in the security space. AppSealing was named a sample vendor in the App Shielding category by Gartner and ranked #1 in mobile app security services with a 4.8/5 rating on G2, a leading global software review platform. Meanwhile, PallyCon has achieved the Farncombe Security® Audit certification and was listed among the 2023 Streaming Media 100 by Streaming Media magazine, solidifying its reputation as one of the industry’s most innovative and influential companies.

Seongmin Lee, Team Leader of the VC Division at SV Investment, commented, “It’s remarkable to see a domestic software company achieve nearly 10 billion KRW (approximately 7.3 million USD) in ARR and a 60% overseas sales ratio, all built on its proprietary technology. Just as INKA Entworks has successfully attracted major clients across APAC and Europe, we will actively support its efforts to secure large customers in North America and establish itself as a leader in the video content and app security market through AI-driven innovations.”

Sungmin Ahn, CEO of INKA Entworks, added, “As the first in Korea to deliver mobile app and content security technologies via SaaS, we’ve played a key role in helping content providers and app operators combat hacking and piracy, contributing to the industry’s growth. With this investment, we aim to solidify our position in the domestic security market while achieving greater success on the global stage.”