Linear News | Zero-Trust Access Management Cloud Platform "Feiyue Cloud" Closes Seed Round in the Millions of RMB, Led by Linear Capital

36Kr has learned that Shanghai Feiyue Cloud Technology Co., Ltd. (hereinafter referred to as "Feiyue Cloud") announced today that it has completed a seed round. The company said the round raised tens of millions of RMB, led by Linear Capital with participation from Oufang Angel.

Feiyue Cloud was founded in June 2022 and focuses on zero trust, with its main product being a zero-trust access management cloud platform. Regarding zero trust, 36Kr has reported extensively — it is a security philosophy of "never trust, always verify." For zero-trust security, around 2017 was a watershed moment: that year, Google's BeyondCorp project based on zero-trust security proved successful, validating the feasibility of zero-trust security in large-scale network environments, and the industry began following suit with zero-trust practices. Feiyue Cloud also has the characteristic of productizing internal enterprise experience — according to reports, founder and CEO Mingming Fu previously worked at ZTO Express Group for eight years as the head of security on the client side, with experience building zero-trust security solutions from scratch in ultra-large enterprises.

Mingming Fu told 36Kr that although there are many products on the market based on zero-trust concepts, the industry as a whole remains in an early stage in terms of product solution maturity and implementation. In his view, zero-trust solutions should not only help solve security problems but also provide customers with a good product experience.

Specifically, Feiyue Cloud's current product in development is a zero-trust access management cloud platform. This product consists of three layers: secure remote work and access, business system security mesh, and modern identity and access management. Fu compared and explained that Feiyue Cloud's remote work and access module is similar to BeyondCorp, more terminal-oriented, and can handle replacing VPNs and similar needs. The business system security mesh is similar to BeyondProd, akin to micro-segmentation. Modern identity and access management is the foundational base module, carrying zero trust's core capabilities.

Regarding product architecture, 36Kr observed that when zero trust began gaining popularity domestically around 2020, numerous vendors developed zero-trust products along the SIM (SDP+IAM+MSG) technical route. On this, Fu believes Feiyue Cloud's product design is characterized by not using the network as a boundary, but rather building software-defined perimeters at the application layer to create policy-based access control models. For example, compared to network-based micro-segmentation, Feiyue Cloud's business system security mesh is more business-application-oriented, aiming to obtain more granular data. And the core of zero trust actually lies in dynamic, precise policy control. Combining this goal with Feiyue Cloud's product approach, Fu explained that through its more detailed and comprehensive architecture for secure remote work and access, business system security mesh, and modern identity and access management, enterprises can build more granular judgment dimensions, thereby improving policy control effectiveness and achieving zero-trust objectives.

Overall, Feiyue Cloud has built a unified digital asset access management cloud platform following zero-trust security principles, characterized by integrating security and business from a holistic digital construction perspective, with the goal of evolving existing network security architecture to a new zero-trust security architecture.

Fu summarized that this architecture uses ubiquitous identity as foundational support, integrating policy-based access control and dynamic security trust assessment, achieving data-driven intelligent security operations through big data analysis and related algorithmic models, ultimately forming a new security model centered on resources (organizational digital assets), focusing on access management and data security for organizational digital assets, aiming to achieve full-link security assurance for business processes.

On other characteristics, Fu also told 36Kr that Feiyue Cloud emphasizes its product's integration capabilities, reducing the burden on enterprises of purchasing too many fragmented security products. Additionally, Feiyue Cloud leverages cloud and edge capabilities to reduce product pressure on enterprise clients' terminals and improve the end-user experience. In summary, Feiyue Cloud hopes to achieve deep integration of security and business on the user side.

On market strategy, Feiyue Cloud is currently targeting office scenarios as an entry point and refining its product at large enterprises. This choice was made first because zero trust currently has higher acceptance in office scenarios, and also because Feiyue Cloud's core team has experience implementing products at ultra-large scale enterprises, making it more natural to deploy at enterprises with tens of thousands to hundreds of thousands of employees.

On the team side, Feiyue Cloud's founding team comes from companies including ZTO, JD.com, Suning, TouchPal, and EDGEPi. The company is currently continuing to hire. Overall, following this round of funding, Feiyue Cloud will mainly focus on R&D for its zero-trust access management cloud platform and marketing efforts, with the aim of helping more enterprises implement zero-trust practices.

On the investment:

Can Zheng, Managing Director at Linear Capital, believes: The unified digital asset access management cloud platform built by Feiyue Cloud Technology constructs a new generation of network security architecture, following zero-trust security principles, which is a direction worth investing in and aligns with future enterprise security development trends. At the same time, the founder has years of frontline experience on the client side in the security field, and the security solutions previously built received internal praise and industry recognition. The Feiyue Cloud team not only has solid technical backgrounds and project experience, but is also a team passionate about the security field. We look forward to them bringing better security products to the industry.

Jianbin Liu, founder of Oufang Angel, believes: The zero-trust secure access management concept has been quite popular in recent years, but it remains in an early stage. The founder of Feiyue Cloud Technology, based on years of client-side experience, has thorough understanding of overall enterprise security needs, especially production business-side security access management needs. By seizing the current need of many enterprises for employees to work remotely, they entered through an integrated office security product, then extended to modern identity and access management and production business-side micro-segmentation scenarios, launching a complete product solution based on zero-trust security architecture that suits the needs of most domestic enterprises. This is a very large market.

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