Hancom WITH
Hancom WITH is a South Korean security subsidiary of Hancom Group that builds AI-driven biometric, zero-trust, and post-quantum cryptography authentication products for enterprise and government customers, with its flagship xCAuth platform now in government-backed pilot deployment.
- Company typePrivate
- Founded1999
- HeadquartersSeongnam, South Korea
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What Hancom WITH does
Hancom WITH (HANCOM WITH Inc., 한컴위드) is a South Korea-based security and authentication technology company, founded in 1999 and operating as a subsidiary of Hancom Group from its headquarters in Seongnam. The company builds a portfolio of authentication, encryption, and blockchain products spanning AI-driven biometric verification (face, voice, liveness), FIDO-compliant authentication, post-quantum cryptography (PQC) modules validated by the Korea National Intelligence Service, and a unified withAuth platform that consolidates multiple authentication modes. Its flagship Hancom xCAuth extends this stack into continuous, AI-powered zero-trust authentication, designed to replace static login with ongoing behavioral and biometric verification.
The company's business model centers on enterprise and government customers in Korea, with a 2026 Zero Trust Adoption Pilot Project consortium (alongside SK Broadband, Basestone, DST International, and Amzin) using HanaTour as the anchor deployment. PQC module validation by Korea NIS and engagement with the Ministry of Science and ICT and KISA indicate a go-to-market weighted toward regulated buyers and public-sector frameworks. Beyond security, Hancom WITH operates Hancom Digital Asset, a digital gold trading platform that extends its blockchain infrastructure into consumer fintech, and sells adjacent products in mobile security and email/web communication encryption.
Revenue mechanics are not disclosed publicly. The most recent institutional funding event is approximately $11.46M from Crescendo Equity Partners in March 2021, with the company otherwise financed through its Hancom Group parent. With 501-1,000 employees, the company has established operating scale but limited recent capital signals, and its commercial trajectory now hinges on the conversion of xCAuth pilots and PQC deployments into recurring enterprise contracts.
Hancom WITH firmographics
Firmographics- Name
- Hancom WITH
- Legal name
- HANCOM WITH Inc.
- Website
- https://hsecure.co.kr
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Hancom WITH is a South Korean security subsidiary of Hancom Group that builds AI-driven biometric, zero-trust, and post-quantum cryptography authentication products for enterprise and government customers, with its flagship xCAuth platform now in government-backed pilot deployment.
- Ownership category
- akta.pro rank
Hancom WITH industry classification
Industry- Product category
- Cybersecurity & Authentication Software
- akta.pro primary industry
- Identity Verification, Proofing & KYC (IDV) (HDAEAJAI)
- akta.pro secondary industries
- Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF), Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA), MPC / HSM / Key Management Infrastructure (FSADACAC)
Keywords
Where Hancom WITH is headquartered
LocationHeadquarters
- HQ city
- Seongnam
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
Hancom WITH business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Authentication Solutions (B2B): Enterprise authentication and security solutions sold to businesses and government organizations, including AI-powered continuous authentication, biometric authentication, and PQC encryption products.
- withAuth Integrated Authentication Platform: Integration and brokerage service for authentication certificates (simple authentication, joint authentication, financial authentication), providing unified authentication platform that supports one-click authentication and electronic signatures.
- Hancom Digital Asset Platform: Digital asset trading platform for gold-based digital gold investments, enabling 24-hour trading.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Hancom WITH product offering
Product offeringCore offering
Hancom WITH provides next-generation authentication, security, and identity verification software for enterprises and government organizations. Its portfolio includes the AI-powered continuous authentication platform Hancom xCAuth, the withAuth unified authentication and joint-certificate brokerage platform, and the Hancom Digital Asset digital gold trading platform, supported by post-quantum cryptography, biometric authentication, and digital signature infrastructure.
Product overview
Hancom WITH operates a multi-product portfolio organized into three main divisions: Next-Generation Authentication (차세대 인증), Next-Generation Security (차세대 보안), and Services. The authentication division offers AI-powered biometric solutions including face authentication, voice authentication, face liveness detection, FIDO biometric authentication, PKI-based authentication, and web-standard PIN/pattern authentication, with Hancom xCAuth as the flagship continuous zero-trust authentication product. The security division provides post-quantum cryptography (PQC) encryption solutions including government-validated encryption modules, structured/unstructured data encryption, communication encryption, web encryption, mobile security, and blockchain security. The services division centers on withAuth, a unified authentication brokerage platform supporting certificates from all major Korean electronic signature certification operators, and Hancom Digital Asset, a 24-hour digital gold trading platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Hancom xCAuth AI-powered continuous authentication platform that delivers ongoing biometric-based identity verification for enterprise users, built on post-quantum cryptography (PQC) and FIDO biometric standards for Korean enterprises and regulated organizations.
- withAuth
Quantifiable outcome
- Continuous security evaluation replacing one-time authentication
- +2 more outcomes
Companies that use Hancom WITH
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Hancom WITH technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature8 records
Hancom WITH partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and major.
- HanaTourcoreHanaTour serves as the pilot deployment partner for Hancom xCAuth in South Korea's 2026 Zero Trust Adoption Pilot Project. The company's workplace systems will host the SASE-based zero trust model validation, with Hancom WITH providing AI-driven continuous authentication and post-quantum cryptography encryption.
- Ministry of Science and ICT (South Korea)coreSouth Korea's Ministry of Science and ICT leads the 2026 Zero Trust Adoption Pilot Project, with KISA as the implementing agency. Hancom WITH participates as a technology provider contributing identity, authentication, and data protection components using AI-driven continuous authentication and PQC encryption.
- KISA (Korea Internet & Security Agency)coreKISA (Korea Internet & Security Agency) is the implementing agency for the 2026 Zero Trust Adoption Pilot Project, working with the Ministry of Science and ICT to strengthen national cybersecurity resilience.
- SK BroadbandmajorSK Broadband is part of the consortium for the 2026 Zero Trust Adoption Pilot Project, collaborating with Hancom WITH to deploy SASE-based zero trust security models for high-risk global business environments.
- AmzinmajorAmzin is part of the consortium participating in South Korea's 2026 Zero Trust Adoption Pilot Project, working with Hancom WITH and other partners on the SASE-based zero trust security deployment.
- BasestonemajorBasestone is part of the consortium participating in South Korea's 2026 Zero Trust Adoption Pilot Project, contributing to the deployment and validation of SASE-based zero trust models.
- DST InternationalmajorDST International is part of the consortium participating in South Korea's 2026 Zero Trust Adoption Pilot Project, collaborating on the SASE-based zero trust security model deployment.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Hancom WITH competitors and assessment
Company assessmentDirect peers
- OneSpan: Authentication, identity verification, and electronic signature solutions including biometric and PKI-based authentication. Comparable to Hancom WITH's withAuth brokerage platform for joint/financial certificates and electronic signature offerings.
- Okta: A leading identity and access management platform offering authentication, MFA, and zero-trust capabilities. Directly comparable to Hancom WITH's xCAuth continuous authentication and withAuth unified authentication offerings, and the most direct global competitor in the IAM space.
- Transmit Security: Passwordless authentication, fraud prevention, and identity verification using AI and behavioral analysis. Comparable to Hancom WITH's xCAuth continuous authentication capabilities, particularly around post-login risk detection.
- HYPR: Passwordless and biometric authentication vendor with FIDO-compliant solutions. Comparable to Hancom WITH's AI face, voice, and FIDO biometric authentication products, particularly in continuous authentication scenarios.
- Ping Identity: Enterprise identity, single sign-on, and zero-trust authentication platform. Comparable to Hancom WITH in delivering enterprise-grade authentication and identity verification, particularly for hybrid and multi-cloud environments.
Broad incumbents
- Microsoft Entra ID: Microsoft's cloud-based identity and access management service (formerly Azure Active Directory). A broad incumbent with overlapping enterprise authentication, MFA, and conditional access capabilities that compete with Hancom WITH in Korean enterprise accounts.
- IBM Security Verify: IBM's enterprise IAM and identity verification suite with workforce and consumer use cases. A broad incumbent that competes with Hancom WITH's authentication and identity verification products in large enterprise and regulated environments.
Regional players
- S-1 Corporation: Korean security solutions provider with biometric, access control, and identity verification products. A regional peer operating in adjacent authentication and identity markets primarily in South Korea.
- Penta Security Systems: Korean cybersecurity vendor specializing in web application, data, and authentication security. A regional peer with overlapping identity and authentication offerings for Korean enterprises and a comparable Korean market footprint.
Emerging players
- Secret Double Octopus: Passwordless authentication vendor leveraging phone-based and biometric authentication. An emerging player with overlapping passwordless and biometric authentication focus relevant to Hancom WITH's biometric and continuous authentication strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Hancom WITH social profiles
Digital presenceHancom WITH financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hancom WITH leadership team
Management profileNumber of profiles
Profiles1 record
Hancom WITH funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hancom WITH M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hancom WITH
What does Hancom WITH do?
Hancom WITH provides next-generation authentication, security, and identity verification software for enterprises and government organizations. Its portfolio includes the AI-powered continuous authentication platform Hancom xCAuth, the withAuth unified authentication and joint-certificate brokerage platform, and the Hancom Digital Asset digital gold trading platform, supported by post-quantum cryptography, biometric authentication, and digital signature infrastructure.
Is Hancom WITH a public or private company?
Hancom WITH is a private company. It is classified as corporate owned and is currently operating.
When was Hancom WITH founded?
Hancom WITH was founded in 1999. It employs 501 to 1,000 people.
Where is Hancom WITH based?
Hancom WITH is headquartered in Seongnam, South Korea, in the Asia region.
How does Hancom WITH make money?
Three revenue lines are on record. Authentication Solutions (B2B) is the primary driver. The others are withAuth Integrated Authentication Platform and hancom Digital Asset Platform.
Who are Hancom WITH's main competitors?
Direct peers on record are OneSpan, Okta, Transmit Security, HYPR and Ping Identity. Broad incumbents are Microsoft Entra ID and IBM Security Verify. Regional players are S-1 Corporation and Penta Security Systems. Secret Double Octopus is listed as an emerging player.
Does Hancom WITH have an API?
No public API is recorded for Hancom WITH.
What industry is Hancom WITH in?
Hancom WITH's product category is Cybersecurity & Authentication Software. Its primary akta.pro industry code is HDAEAJAI, Identity Verification, Proofing & KYC (IDV), with a secondary code of HDADAAAF, Identity Verification & Proofing (IDV, KYC, Biometrics).