Privacy Policy

People & Technology (hereinafter ‘the company’) regards a customer’s personal information as important and complies with the Act on Promotion of Information and Communications Network Utilization and ... Utilization and Information Protection, Etc. If the personal information handling policy is revised, the company will give a notice through Notice in the website (or separate notice).

ο This policy is enforced from 2023

Items of personal information collected
The company shall collect the following personal information for membership registration, counseling, and service application.
  • ο Items to collect: title, e-mail address, access log
  • ο Personal information collection method: online inquiry
Personal information collection and use purpose
The company utilizes the collected personal information for the following purpose
  • ο The performance of the service offering contract, and the fee settlement and payment based on service offering
Personal information retention and use period
As a principle, after personal information collection and use purpose are accomplished, the information is immediately destroyed. The information described below is kept for the given period and reason indicated below.

A. The reason for information retention according to company policy

- Illegal use record
Retention reason: prevention of illegal use
Retention period: one year

B. The reason for information retention according to related laws

If information needs to be kept according to related laws, including Commercial Code and the Act on the Consumer Protection in Electronic Commerce, etc., customer information shall be kept for the given period defined in the related laws. In this case, the company shall utilize the customer information only for the purpose of retention, and the retention period is as follows.

- Record about contract, contract withdrawal, etc
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: five years
- Record about payment, goods supply, etc
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: five years
- Record about electronic financial transactions
Retention reason: Electronic Financial Transactions Act
Retention period: five years
- Record about consumers’ complaints or dispute settlement
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: three years
The procedure and method of personal information destruction
As a principle, after personal information collection and use purpose are accomplished, the information is immediately destroyed. The destruction procedure and method are described as follows.
  • ο Destruction procedure

    The customer information typed for inquiries of maintenance, etc. are moved to a separate DB (a separate file in case of paper) after the purpose is accomplished, and then is kept for a certain period according to the information protection reasons defined in the company policy and related laws (See Retention and Use Period) before being destroyed. The personal information moved to a separate DB is not used for other purposes than the retention purpose unless there are related laws.

  • ο Destruction method

    - The personal information saved in an electronic file type is deleted in the technical method to prevent it from being used ever.

    - The personal information printed out in paper is shredded or incinerated.

Personal information offering
As a principle, the company shall not provide users’ personal information outside. However, the cases described below are exceptional.
Installation and operation of automatic collector of personal information, and refusal of automatic collection
The company runs ‘cookie’, etc. to find and save your information frequently. A cookie is a small text file that the server used for operating the website of the company sends to your browser. It is saved in your computer hard disk. The company utilizes a cookie for the following purposes.

Person in charge of personal information management
  • ο Name : Administrator
  • ο E-mail : company@basgenbio.com

For other reports or questions about privacy infringement, contact any of the following organizations.

  • 1.Personal Information Dispute Mediation Committee (www.1336.or.kr/1336)
  • 2.Information Protection Mark Certification Committee (www.eprivacy.or.kr/02-580-0533~4)
  • 3.Iternet Crime Investigation Center of Supreme Prosecutors' Office(http://icic.sppo.go.kr/02-3480-3600)
  • 4.Cyber Terror Response Center of National Police Agency (www.ctrc.go.kr/02-392-0330)

People & Technology

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Resources

  • Resources

People and Technology Secures 7 Billion KRW in Series C Funding—Accelerating ADX Platform Expansion!

  • AuthorElodie
  • DateMay 29, 2025
  • Views149

 

Recognized as a market leader in smart hospitals, industrial safety, and defense with its DX-based AI service platform solutions

 

 

Seoul – May 27, 2025 –




AI and DX-based solution provider People and Technology (CEO: Hong Sung-pyo) announced on the 19th that it has successfully secured Series C funding, surpassing a cumulative investment of 17.5 billion KRW.

 

The Series C round attracted investment from ▲KB-Solidus Healthcare Investment Association, ▲Kingo Secondary Investment Fund No.1, ▲Kiwoom Securities, and ▲Meritz Securities, amounting to a total of 7 billion KRW.

Following Series A (4.5 billion KRW) and Series B (6 billion KRW), People and Technology has now secured a total of 17.5 billion KRW in investment.

 

 

 


 

 

Founded in 2013, People and Technology began by providing RTLS and IoMT-based smart hospital solutions. It has since expanded into various fields by integrating ultra-lightweight on-device AI solutions and hyper-connected real-time biometric monitoring technologies. With over 100 domestic and international references, the company is now active in smart hospitals, industrial safety, defense, and smart city sectors.

 

Particularly, its ADX platform—offering end-to-end digital transformation and AI services based on hyper-connected IoT (IoMT) big data—has been widely recognized. The company has received numerous accolades, including IoT Awards, Outstanding SME R&D Performance, Korea Business Awards (ICT), Ministry of Health and Welfare Commendation, and the AIoT Innovation Award for excellence.

 

Recently, its real-time patient monitoring service IndoorPlus+ was adopted by leading hospitals in Korea, including the National Cancer Center, Yongin Severance Hospital, and Sejong Hospital, proving both technological credibility and market potential. Meanwhile, the VisionPlus+ on-device AI CCTV solution is expanding into public safety and industrial safety markets, including Ulsan’s Ulju County.

 

 

A standout feature of VisionPlus+ is its ultra-lightweight AI model, which runs even on low-cost NPU chipsets—eliminating the need for expensive AI server infrastructure while still delivering high-performance AI services.

 

 

CEO Hong Sung-pyo stated, “With this Series C funding, we plan to further expand our ADX-based smart hospital solutions, combining hospital digitalization with AI-driven automation.” He added, “We have already supplied the IndoorPlus+ Smart Care solution to over 50 hospitals, and aim to ease the burden on medical staff and improve healthcare quality through real-time patient monitoring.”. He continued, “Through continuous collaborative research with digital pioneer hospitals, we will combine our ultra-lightweight AI core technologies with accumulated real-time patient monitoring data to develop next-generation products and services such as AI-assisted diagnostics.”

 

Sources:

 

 

  • People and Technology secures 7 billion KRW Series C investment—accelerating ADX platform expansion (ETNews)

  • People and Technology accelerates ADX platform expansion with 7 billion KRW Series C round (Doctor's News)

  • People and Technology raises 7 billion KRW in Series C—ADX platform gaining momentum (ITBiz)