SoftFreak Selected for Super-Gap Startup DIPS

AI-based API security specialist SoftFreak has emerged as a leader poised to drive the future of South Korea. The company achieved the remarkable feat of being finally selected for 'DIPS Commercialization,' a core program of the '2025 Chogy...

May 19, 2025 - 00:00
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AI-based API security specialist SoftFreak has emerged as a leader poised to drive the future of South Korea. The company achieved the remarkable feat of being finally selected for 'DIPS Commercialization,' a core program of the '2025 Chogyeokcha Startup 1000+' project organized by the Ministry of SMEs and Startups. SoftFreak's unique 'AI-based API Governance Security Platform' technology received top scores in innovation, future growth potential, and global market expansion potential, thus being recognized as a 'Chogyeokcha' (super-gap) company in the cybersecurity and network sector. The 'Chogyeokcha Startup 1000+' project is a national support program that discovers and fosters promising startups poised to lead the global market across 10 strategic fields that will drive South Korea's future industries. In particular, 'DIPS Commercialization' is a core program designed to help startups with innovative technologies leap forward as 'Chogyeokcha' companies with world-class competitiveness. SoftFreak's receipt of such national support once again proves the excellence of its technology and its growth potential. With this selection, SoftFreak will secure up to 600 million won in commercialization funds over the next three years and can also leverage the government's comprehensive growth programs, including global investment attraction linkages, cooperation opportunities with large corporations, and support for overseas market expansion. This is expected to be a strong stepping stone for SoftFreak to leap beyond the domestic market into the global arena. Kim Dong-chul, CEO of SoftFreak, stated, "This selection as a 'Chogyeokcha Startup' is proof that SoftFreak's API security technology has been nationally recognized," and expressed a strong ambition: "Based on this super-gap technology, we will actively enter the global market and establish unrivaled competitiveness in the API governance platform sector." Established in 2023, SoftFreak is a pioneer that developed South Korea's first API governance platform. It has successfully supplied account management and access control solutions, vulnerability diagnostic automation solutions, and more to various clients, thereby proving its technological prowess. Currently, it is actively pursuing Series A investment of 7 billion won, and with the secured funds, it plans to simultaneously advance its technology and expand its market share to become a global leader. SoftFreak will leverage this 'Chogyeokcha Startup' selection to lead innovation in the API security sector and grow into a company that sets global standards.

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