Hypori Completes $23 Million in Series B
The funding will enable Hypori to expand its position as the leading provider of zero-trust bring-your-own-device (“BYOD”), with no data at rest or in transit - secure enough for the Department of Defense and private enough for regulated commercial industries.
Hypori, a Reston, Virginia-based SaaS company transforming secure access to data from the edge, announced that it completed $23 million in Series B, Moore Strategic Ventures led the closing of financing led by Hale Capital Partners.
The funding will enable Hypori to expand its position as the leading provider of zero-trust bring-your-own-device (“BYOD”), with no data at rest or in transit - secure enough for the Department of Defense and private enough for regulated commercial industries.
“These funds are a testament to Hypori Halo’s significance and potential impact on national security and user privacy,” said Jared Shepard, Hypori President, and CEO. “We are grateful to Moore Strategic Ventures for their support in driving our continued growth and excited to have them join the Hypori Board as an Observer.”
Hypori empowers businesses and government agencies globally to protect data within their enterprise by preventing data at rest or in transit outside the enterprise.
Company: Hypori Inc.
Raised: $23.0M
Round: Series B
Funding Month: March 2023
Lead Investors: Moore Strategic Ventures and Hale Capital Partners
Additional Investors:
Company Website: https://www.hypori.com/
Software Category: Security Software
About the Company: Hypori is an award-winning SaaS company transforming secure access to data from any device, anywhere. From national security level intel to commercial IP, Hypori’s zero-trust virtual workspace on any device frees customers from liability and security risks with 100% separation of data and preserves privacy for the end-user. Hypori enables secure access to mobile devices and passionately believes a zero-trust network’s primary purpose is risk mitigation and protection for remote workers. Hypori’s mission is to provide secure access to data from any device, anywhere. The company is a service-disabled veteran-owned small business headquartered in Reston, VA, with a technology hub in Austin, TX.
Source: https://www.hypori.com/news-all/hypori-completes-series-b-to-expand-zero-trust-byod
