Softfreak Inc. (CEO Dongcheol Kim) announced its participation in “COMEUP Stars 2024.”
COMEUP Stars 2024, the core event of the global startup festival COMEUP 2024, will feature competitive IR pitching sessions in “Startup Valley.” A total of 50 teams, including 30 Rookie League companies, 10 Runners League companies, and 10 selected from the Rocket League through recommendations by the advisory committee, will compete. Finalists from 13 countries, including South Korea, the U.S., the Netherlands, Sweden, Denmark, India, and Türkiye, highlight the event’s global scale.
Founded in March 2022, Softfreak Inc. specializes in enterprise cybersecurity solutions. The company offers a comprehensive suite of tools that combine internal and external asset management, vulnerability assessments, and cloud-based Single Sign-On (SSO) to secure corporate information assets. Its technologies focus on enhancing cloud security and protecting client data from increasingly complex cyber threats.
At COMEUP Stars 2024, Softfreak plans to present its latest cybersecurity solutions. Its lineup includes i-SeMOS v3.0, a server access control and account management solution; f-apim, an API management and integration platform; f-avata, a vulnerability assessment and security process automation tool; and f-API SP, an intelligent API security platform.
The flagship product, i-SeMOS v3.0, centralizes access routes to internal systems, blocking unauthorized users while providing access control and audit logging for authorized users. It has received CC and GG Level 1 certifications, ensuring high technical reliability and security. Its hybrid deployment model supports proxy and agent-based configurations, offering flexibility for various customer environments.
Softfreak, selected for the TIPS program, is nearing the final development stages of its intelligent API security platform f-APIm and preparing for the commercial launch of f-AVATA. The company aims to leverage its diverse solutions to expand its market presence, showcasing its offerings to potential clients and investors at the event.
A company representative shared that Softfreak’s projected revenue for the year is approximately KRW 4.5 billion, reflecting an 80% increase from the previous year. They noted that COMEUP Stars 2024 would be the perfect stage to accelerate global expansion, starting with Vietnam and Singapore, regions known for their active cybersecurity markets and strong Global Cybersecurity Index (GCI) rankings.
The representative added that establishing a foothold in these competitive markets would create a launchpad for further expansion into North America, strengthening the company’s global presence and driving future growth.
COMEUP 2024 will occur on December 11–12 at Coex in Seoul, featuring innovative startups and investors from over 40 countries. This year’s theme, “Innovation Beyond Borders,” highlights startups’ roles in driving global innovation across boundaries of nations and technology. The event will feature conferences, pitching sessions, and exhibitions focusing on deep tech, inbound innovation, and SIS (Sustainable Innovation by Startup).
Filed in . Read more about COMEUP 2024, Cybersecurity and Korea.