HENNGE K.K. (Headquarters: Shibuya-ku, Tokyo; CEO: Kazuhiro Ogura) is pleased to announce that it has invested as a lead investor in the Series A Extension Round in IssueHunt, Inc. (Headquarters: Chuo-ku, Tokyo; Director, President and CEO: Kazumasa Yokomizo), provider of a comprehensive management service for product security from source code to cloud environment, or the Application Security Posture Management (ASPM) service.
Technological advancements have led to a rapid increase in the complexity of companies’ IT assets in recent years. As a wide range of applications and services are utilized daily, the number of cyberattacks is also on an upward trend. There is a growing demand for systems that can proactively identify vulnerabilities and predict attacks, enabling the formulation of response policies and the rapid implementation of fixes.
“Baseline,” provided by IssueHunt, Inc., is an ASPM service developed to respond to the recent increasing cyberattacks and the growing complexity of corporate IT assets. It offers comprehensive support, from early detection of vulnerabilities in a company’s own products to operation and integrated management, enabling continuous, multi-layered, and efficient security measures. Through integrated management of multiple vulnerability information, automation of risk assessment and prioritization, and seamless collaboration with major platforms such as GitHub and AWS, companies can strengthen their security systems while reducing operational burdens.
HENNGE K.K., which provides the cloud security service “HENNGE One” for enterprises, has invested in B2B SaaS companies with high business synergy and grown together. Regarding IssueHunt, Inc., it believes that it can create business synergy between the two companies due to the uniqueness of the service, the future potential of the market, and the potential needs of HENNGE K.K.’s customers for “Baseline,” and it has decided the investment.
With this investment, HENNGE K.K. will leverage its know-how as a business company that develops and sells SaaS for enterprises to support IssueHunt, Inc. in sales, business, and technology and aim to maximize the value provided to both companies’ customers.
IssueHunt, Inc. Director, President and CEO Kazumasa Yokomizo commented, “We are honored to receive support from HENNGE K.K., a leader among Japanese SaaS companies and a company we have long admired.
The company is a role model for us, surpassing 10 billion JPY in ARR and continuing to take on challenges toward achieving aggressive future goals.
Learning from the knowledge accumulated by everyone at HENNGE K.K., including the founding members who have built this business from scratch, and borrowing your strength at times, we will also grow into a tech company that will lead the next generation with the spirit of surpassing HENNGE’s success.”
HENNGE K.K. Director and Executive Vice President Yoshiki Nagatome added, “We are very pleased to have an opportunity to invest in IssueHunt, Inc., a provider of Japan-originated ASPM services. HENNGE ourselves, as well as many of our customers, are facing challenges in visualizing and managing security risks. Baseline, provided by IssueHunt, Inc., contributes to reducing operational work through efficient vulnerability management and risk assessment by vulnerability scanners and integrated various development tools, and solves customers’ problems with SaaS. We would be delighted to support IssueHunt, Inc. in all aspects of management, sales, marketing, and development, based on our know-how.”
About Baseline
“Baseline,” provided by IssueHunt, Inc., is an Application Security Posture Management (ASPM) service. It provides comprehensive support, from early detection of vulnerabilities to operation and integrated management, enabling the establishment of continuous, multi-layered, and efficient security measures. It can integrate and manage multiple vulnerability information, automate risk assessment and prioritization, and collaborate with major platforms.
URL：https://baselinehq.io
About IssueHunt, Inc.
IssueHunt, Inc. offers solutions such as the bug bounty platform IssueHunt and the Application Security Posture Management (ASPM) service Baseline to achieve its mission of “Creating markets and precedents” and vision of “Becoming the baseline for a connected world.”
IssueHunt, Inc. company outline
– Company Name: IssueHunt, Inc.
– Representative: Kazumasa Yokomizo (Director, President and CEO)
– Address: Kayabacho Icchome Heiwa Bldg. 7F, Kayabacho 1-8-1, Nihonbashi, Chuo-ku, Tokyo
– Established in: April 2014
– Capital: 100 million JPY
– Business：Bug bounty platform IssueHunt https://issuehunt.jp/, Application Security Posture Management (ASPM) service Baseline https://baselinehq.io/
– URL: https://issuehunt.co.jp/
About HENNGE K.K.
Established in November 1996, HENNGE K.K. is a SaaS company guided by the philosophy of “liberation of technology to change the world.” It develops and sells unique services that bridge the gap between technology and reality, providing “HENNGE One,” a one-stop cloud security service that enables consolidated IDs and passwords management of multiple cloud services, and “Customers Mail Cloud, ” a cloud email distribution service. Since October 2019, HENNGE has been listed on the Tokyo Stock Exchange (TSE), the TSE Growth (ex Mothers).
The company name “HENNGE” originated from the Japanese character for transformation, ‘HENNKA’ and ‘CHALLENGE’ representing its commitment to embracing every change as an opportunity.
– Company name: HENNGE K.K. (securities code: 4475)
– Address: Daiwa Shibuya Square, 16-28 Nanpeidaicho, Shibuya City, Tokyo
– Representative: Kazuhiro Ogura (Representative Director, Chief Executive Officer)
– URL: https://hennge.com/
– Contact information for inquiries regarding this press release
HENNGE K.K.
Corporate Communication Division
Email: info@hennge.com
TEL: 03-6415-3660
Person in charge: Yamamoto
*The names of companies, products, and services mentioned in this press release are trademarks or registered trademarks of HENNGE.K.K. or other related organizations.