CYFIRMA, a Singapore-based cybersecurity company, has received a strategic investment from MDI Ventures, the venture capital arm of PT Telekomunikasi Indonesia Tbk (Telkom Group).
The investment aims to fuel CYFIRMA’s expansion within Southeast Asia, particularly Indonesia, and extend its global market presence. Backed by MDI Ventures, CYFIRMA plans to enhance its research and development efforts, focusing on creating advanced solutions to tackle the growing sophistication of cyber threats.
CYFIRMA’s core business revolves around combining cyber intelligence with attack surface discovery and digital risk protection. This synergy produces early warnings and personalized, contextual insights into potential cyber threats, offering clients a hacker’s perspective to prepare for and mitigate impending attacks.
The new funding will be used to broaden CYFIRMA’s solution offerings and enhance its ability to serve clients more effectively across the region and globally.
Donald Wihardja, CEO of MDI Ventures said, “Southeast Asia, including Indonesia, is facing increasingly complex cyber threats, driving the urgent need for advanced cybersecurity solutions. Through our investment in CYFIRMA, MDI Ventures is addressing these challenges by enabling the development and delivery of proactive and innovative solutions to protect organizations across the region from evolving cyber risks.”
Kumar Ritesh, Founder & CEO of CYFIRMA, expressed his enthusiasm for the investment, noting, “We are thrilled to welcome MDI’s investment as this opens big opportunities for partnerships and collaboration with the Telkom Group ecosystem. MDI’s investment will also allow us to greatly enhance our capacity to drive innovation, broaden our solutions, and better serve our clients both regionally and globally.”
Keep up with all the latest FinTech news here.
Copyright © 2025 FinTech Global
Copyright © 2018 RegTech Analyst
