- CEO
- Kwang-Hoo Lee
- Full Time Employees
- 108
- Sector
- Technology services
- Industry
- Information technology services
- Address
- Seoul South Korea
- IPO Date
- May 19, 2023
- Business
- MONITORAPP CO., LTD. is a South Korea-based cybersecurity company that specializes in application security, network protection, and cloud-delivered Security-as-a-Service (SECaaS) platforms. Founded in 2005 and headquartered in Seoul, South Korea, the company designs, develops, and delivers proprietary hardware appliances, virtual appliances, and cloud-native cybersecurity solutions powered by its Application Insight Operating System (AIOS) and high-performance proxy engine. The company serves enterprise corporations, government agencies, financial institutions, and telecommunications providers across East Asia, Southeast Asia, North America, Europe, and the Middle East.
The company offers a comprehensive portfolio of security products and services, including AIWAAP (formerly AIWAF), an application security and Web Application and API Protection platform that defends against SQL injection, cross-site scripting, zero-day vulnerabilities, API exploits, and automated bot threats; AISWG, an enterprise Secure Web Gateway appliance that monitors and filters outbound web traffic to block malicious uniform resource locators, phishing attempts, malware distribution, and unauthorized data leakage; AISVA, a dedicated SSL/TLS visibility appliance that provides high-throughput bidirectional decryption and re-encryption to eliminate blind spots across encrypted network traffic for upstream and downstream security tools; AIZTNA, a Zero Trust Network Access solution delivering identity-based, micro-segmented secure remote access to corporate resources; and AIONCLOUD, a global cloud-native SECaaS platform integrating Website Protection, Secure Internet Access with Cloud Access Security Broker (CASB) and Remote Browser Isolation (RBI) capabilities, and Secure Remote Access deployed across a distributed global edge network. Additionally, the company provides automated threat intelligence and vulnerability analysis through its AI Cyber Threat Intelligence Center (AICC) and AILabs platforms.
In recent developments, MONITORAPP completed its initial public offering on the KOSDAQ market of the Korea Exchange under ticker 434480 to accelerate international expansion and research into cloud security architectures. In July 2026, the company completed the absorption merger of its threat intelligence subsidiary SOMA to consolidate cybersecurity assets and enhance organizational efficiency. MONITORAPP has also upgraded and rebranded its core web application firewall line from AIWAF to AIWAAP to emphasize integrated API security capabilities, expanded its AIONCLOUD global edge node infrastructure, and strengthened international distribution networks through strategic partnership agreements in Southeast Asia and the Middle East with partners including BlueZebra in Thailand, TechLab Security and OGX Networks in Malaysia, and Advanced Business Solutions in the United Arab Emirates.