Hypori Announces $10.5M Series B Round
Summary
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 companys growing and increasing valuation, and its products 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. Hyporis 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.
