Hypr Raises $3M in Funding

Funding Rounds

Summary

Hypr Corp., a NYC-based provider of an enterprise biometric security platform, secured $3m in funding.Backers included RTP Ventures, Boldstart Ventures and Mesh Ventures.The company intends to use the funds to expand its security engineering team and its office space in the Herald Square area of central Manhattan.Led by George Avetisov, CEO, Hypr provides Fortune 500 enterprises with multi-factor biometric authentication solutions that integrate into employee and customer-facing applications — allowing users to authenticate with fingerprint, voice, face, palm and eye recognition.Fully interoperable, the solution allows companies worldwide to deliver a secure passwordless experience across mobile, desktop and IoT systems.

$ Funding

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Amount $3.0M Total raised
Date October 18, 2016 Announcement date
Investors - Lead investors
Company http://www.hypr.com Funded company

Classifications

industries
Fintech & Banking
applications
Networking and Cloud

AskAI Classifications

Labels
Identity Security Passwordless Authentication SaaS Security Solutions

Linked Companies

HYPR Corp
$10M to $25M