Hypori, a provider of secure mobile access solutions, has raised $12m in a Series B extension round to accelerate the adoption of zero-trust bring-your-own-device (BYOD) programs.
The funding round included investments from UBS AG, Carahsoft Technology Group, and AE Industrial Partners. With this latest investment, Hypori has now raised a total of $35m in its Series B funding.
The company offers a secure mobile access platform that enables users to access enterprise applications and data from any device while maintaining complete personal privacy. Its technology supports industries that require stringent security measures, including defence, healthcare, financial services, and government.
Hypori plans to use the new capital to expand its market reach, strengthen partnerships, and enhance product innovation.
Paul McEwen, group head of technology services at UBS, highlighted the alignment between the investment and UBS’s digital security strategy. “Hypori is at the forefront of digital transformation in today’s security conscious landscape.
“Given our commitment to ensuring complete security of client data, whilst also improving employee mobility, an investment in Hypori seemed a natural fit. We look forward to working with Hypori to co-develop critical tools that align with UBS’s digital strategy.”
Jared Shepard, CEO of Hypori, expressed his enthusiasm about the investment, stating, “We’re honored to have AE Industrial, UBS, and Carahsoft’s support as we continue scaling Hypori’s impact across industries,”
“Their belief in our product and direction, combined with their strategic guidance and relationships empower us to fast-track product innovation and broaden our market reach. As global threats escalate, organizations are prioritizing mobile security and data protection, while individuals prioritize privacy. Hypori’s ability to mitigate risks and simplify compliance for highly regulated industries positions us to make 2025 a landmark year.”
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