HENNGE Inc. is pleased to announce that it has invested as the lead investor in the Series A extension round of IssueHunt Inc., which provides “Baseline,” a service that provides integrated management of product-related security from source code to cloud environments.
In recent years, technological advances have made corporate IT assets rapidly more complex, and as a variety of applications and services are used on a daily basis, the number of cyber attacks is also on the rise. There is a demand for systems that can grasp the latest vulnerability information and signs of attacks in advance, formulate response policies, and quickly implement vulnerability fixes.
“Baseline” provided by IssueHunt Inc. is an ASPM service developed to deal with the recent increase in cyber attacks and the increasing complexity of corporate IT assets. It provides consistent support from early detection of vulnerabilities in in-house products to operation and integrated management, and builds continuous, multi-layered, and efficient security measures. Through integrated management of multiple vulnerability information, automation of risk assessment and prioritization, and seamless integration with major platforms such as GitHub and AWS, companies can strengthen their security system while reducing their workload.
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HENNGE, which provides the enterprise cloud security service “HENNGE One,” has invested in BtoB SaaS companies with which it has strong business synergies and has grown together with them. Given the uniqueness of the service, the future potential of the market, and the potential need for “Baseline” among HENNGE’s customers, HENNGE decided to invest in IssueHunt, Inc., as it believes that it will be possible to create business synergies between the two companies.
With this investment, HENNGE will utilize its know-how as a business company that develops and sells SaaS for businesses to support IssueHunt Inc. in the areas of sales, business, and technology, aiming to maximize the value provided to the customers of both companies.
SOURCE: PRTimes
