RESTON, VA, Hypori, a SaaS company transforming secure access to data from the edge, has closed an initial $10.5 million Series B investment.
The round was led by Hale Capital Partners with additional funds from Series A investor GreatPoint Ventures, GEN David Petraeus, and other participants. As part of a total fundraising round with commitments to invest up to $18 million, these funds are a testament to the company's growing and increasing valuation, and its product's significance and impact on national security and user privacy. The Series B 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, that is secure enough for the Department of Defense and private enough for regulated commercial industries.
From national security level intel to productivity apps, 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. Hypori's zero-trust virtual workspace on any device frees organizations from liability and security risks with 100% separation of data and preserves privacy for the end-user.
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