Hypori, a Reston, VA-based SaaS company enabling secure access to data from the edge, completed its $23m Series B funding.
In January the company announced that initial Series B commitments were up to $18m, but the additional interest by strategic investors drove an expanded raise. Moore Strategic Ventures anchored the completion of the round initiated by Hale Capital Partners.
The Series B funding will enable the company to expand its market position as a 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.
Led by Jared Shepard, President and CEO, Hypori empowers customers to protect data within their enterprise by eliminating the edge as an attack surface, preventing data at rest or in transit outside the enterprise, from national security level intel to productivity apps. Its zero-trust virtual workspace on any device frees organizations from liability and security risks with separation of data and preserves privacy for the end-user. Hypori also has a technology hub in Austin, TX.
FinSMEs
29/03/2023