HYPR, The Passwordless Company™ today announced it has raised $35 million in a Series C financing, doubling the company's total funding to over $70 million. The investment is led by Advent International through Advent Tech, the firm's dedicated global technology fund. Advent has significant experience in cyber technology, including recent investments in Wiz and Cyware.

HYPR will leverage the capital to accelerate its go-to-market strategy and grow its global support organization in an effort to eliminate passwords for businesses worldwide. Advent joins HYPR's existing investors including RRE Ventures, .406 Ventures, BoldStart, Top Tier Capital, MESH, Alumni Ventures Group, Allen & Co, Samsung NEXT and Mastercard.

HYPR is the leader in Passwordless Multi-factor Authentication. The HYPR Cloud Platform makes it easy to eliminate passwords and deliver lightning-fast login experiences that users love. With HYPR, businesses are finally able to stop phishing, reduce fraud, and enable unrivaled security for employees and customers across the globe.