Notice of Capital Increase through Third-party Allocation
On May 29, 2020, Blue Planet-works Co., Ltd., announced that Tokyo Wells Co., Ltd. (Headquarters: Ota-ku, Tokyo, Chairman: Yoshiro Kubota), PCI Holdings Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Naomichi Haraguchi), J & J Partners Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Representative director: Janne Kobayashi) and a third-party allotment to a related fund, participated in a capital increase raising a total of ¥1 billion yen (approx. USD$9.3 million).
With the proceeds of this financing, Blue Planet-works will increase the number of development personnel in Japan and the United States accelerating the development and release of future products and furthering the sales and support of existing products.
About Blue Planet-works Co., Ltd.
Blue Planet-works Co., Ltd. is a global cyber security company headquartered in Japan that provides cyber security products and services based on the innovative AppGuard technology platform.
Learn more: https://www.blueplanet-works.com
AppGuard is the endpoint security product developed and sold by the BPw Group which focuses on protecting the operating systems of both workstation PCs and servers from increasingly sophisticated malware threats. By regulating application activity and interaction with the operating system, it defends against both known and unknown (ie. “zero-day”) attacks. AppGuard has been under development and utilized in the United States for over a decade, including deployment within US government agencies. In 2017, the BPw Group acquired the AppGuard business. including both its patented technology and intellectual property along with the original team of engineers who continue to develop and improve the product suite. AppGuard products have been on sale in Japan since 2018 and are employed by major airlines, travel agencies, and law firms.
As of May 2020, Blue Planet-works has deployed AppGuard Enterprise for Windows PC, AppGuard Solo (a standalone version for small businesses and consumers), AppGuard Small Business Edition (for small and medium-sized businesses with a centralized management function), and the AppGuard Server series for servers. AppGuard uses patented “Isolation Technology” to ensure operating system safety without reliance on historical threat information.
Learn more: https://www.appguard.us/https://www.appguard.us/press/notice-of-capital-increase-through-third-party-allocation/