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Private Equity
FINANCE | Investment Firms & Funds
cidgroup.com

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Investments

35

Portfolio Exits

14

Funds

3

About CID Group

The CID Group is an Asia-headquartered private equity firm.

CID Group Headquarter Location

2404, 24/F, Hong Kong New World Tower 300 HuaiHai Rd Central, Huang Pu District

Shanghai, Shanghai, 200021,

China

+86-21-6335-1110

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CID Group Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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CID Group Rank

Latest CID Group News

AI Cybersecurity Startup CyCraft Raised US$5.65 Million in Series B Funding

Aug 2, 2019

TAIPEI, Taiwan, Aug. 2, 2019 /PRNewswire/ -- Artificial intelligence company, CyCraft, announced that it has closed US$5.65 million in Series B funding from Pavilion Capital (a Singapore-based investment company) and the CID Group (a Taiwan-based investment company). CyCraft will use the funding for R&D in explainable and trusted AI and to support market expansion in Asia. In total, this round of funding brings CyCraft's total funding to date to US$8.15 million. CyCraft Logo More CyCraft also announced the formal launch of its AI-driven SecOps Platform which enables future-embracing security partners in Taiwan, Japan and Singapore to offer advanced MDR (managed detection and response) and AI-driven managed security services to customers demanding true resiliency even when facing the most advanced state-sponsored attack. The platform is streamlined into three products: 1) Xensor, a light-weight, intelligent hybrid endpoint agent that can do both forensics and remediation, 2) CyCarrier, an interactive cockpit for proactive threat hunting and fast response in cyber kill chain; co-piloted by AI, to efficiently visualize situational awareness, consolidate attack storylines, map to MITRE ATT&CK framework and deduce root causes, and 3) CyberTotal, an intelligence fusion system to enrich security findings with global relevance. Chee-Kong Choun, from Pavilion Capital, said, "With its strong R&D in innovative artificial intelligence for cyber resilience, CyCraft is at the forefront of major changes sweeping the cybersecurity industry." "Cybersecurity is a key differentiator for all industry verticals in the age of technology disruption. CyCraft's performance over the past 18 month is a testament to their vision and focus on technology," said Steven Chang, Managing Partner of the CID Group. About CyCraft With clients among the Fortune Global 500 and national governments, CyCraft is a technology company that uses artificial intelligence to secure businesses with automation and resiliency in complex, dynamic IT/OT/IOT/cloud-interconnected cyberspace. CyCraft is formed by a passionate team of security experts, software engineers and data scientists with industry-leading expertise in AI, cyber crime investigation, incident response, DEFCON CTF (Capture-the-flag) and military-grade blue-team defense. Headquartered in Taipei, CyCraft offers its AI-driven SecOps Platform to partners in eight markets across Asia, including Taiwan, Singapore, Japan, Thailand, Indonesia, Philippines, Malaysia, and Vietnam. For more information please visit  www.cycraft.com . Reuters

CID Group Investments

35 Investments

CID Group has made 35 investments. Their latest investment was in Palmyou.com as part of their Private Equity on July 7, 2020.

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CID Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/21/2020

Private Equity

Palmyou.com

No

1

8/2/2019

Series B

CyCraft

$5.65M

No

4

7/11/2019

Seed VC

Kiddiwinkie Academy

Yes

3

1/8/2018

Series A

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10

1/1/2017

Growth Equity

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10

Date

7/21/2020

8/2/2019

7/11/2019

1/8/2018

1/1/2017

Round

Private Equity

Series B

Seed VC

Series A

Growth Equity

Company

Palmyou.com

CyCraft

Kiddiwinkie Academy

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Amount

$5.65M

New?

No

No

Yes

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Co-Investors

Sources

1

4

3

10

10

CID Group Portfolio Exits

14 Portfolio Exits

CID Group has 14 portfolio exits. Their latest portfolio exit was VeriSilicon on August 18, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/18/2020

IPO

$99M

3

1/22/2020

Acquired

1

3/21/2019

IPO

1

8/14/2018

Acquired

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10

5/31/2018

Acq - P2P

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$99M

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10

Date

8/18/2020

1/22/2020

3/21/2019

8/14/2018

5/31/2018

Exit

IPO

Acquired

IPO

Acquired

Acq - P2P

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

3

1

1

10

10

CID Group Fund History

3 Fund Histories

CID Group has 3 funds, including CID Greater China Fund IV.

Closing Date

Fund

Fund Type

Status

Amount

Sources

9/11/2013

CID Greater China Fund IV

Expansions & Growth

Closed

$100M

1

5/25/2010

CID Greater China Venture Capital Fund III LP

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$99M

10

12/31/2007

CID Greater China Venture Capital Fund II LP

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$99M

10

Closing Date

9/11/2013

5/25/2010

12/31/2007

Fund

CID Greater China Fund IV

CID Greater China Venture Capital Fund III LP

CID Greater China Venture Capital Fund II LP

Fund Type

Expansions & Growth

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Status

Closed

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Amount

$100M

$99M

$99M

Sources

1

10

10

CID Group Team

6 Team Members

CID Group has 6 team members, including current Chief Executive Officer, Steven Chang.

Name

Work History

Title

Status

Steven Chang

Chief Executive Officer

Current

David Yang

Founding Partner

Current

Charles Chang

Senior Partner

Current

James Chen

Senior Vice President

Former

Roger Huang

Senior Director

Former

Name

Steven Chang

David Yang

Charles Chang

James Chen

Roger Huang

Work History

Title

Chief Executive Officer

Founding Partner

Senior Partner

Senior Vice President

Senior Director

Status

Current

Current

Current

Former

Former

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