Hypori, the innovative mobile access platform provider enabling secure virtual access to enterprise apps and data from any mobile device with total personal privacy, today announced the completion of a strategic $12 million Series B extension. The round, including investments from UBS AG (UBS), Carahsoft Technology Group Corp. (Carahsoft) and AE Industrial Partners (AE Industrial), positions Hypori to accelerate the adoption of zero-trust bring-your-own-device (BYOD) programs through its secure mobile access platform technology in existing and emerging markets, and build upon a year of extraordinary growth. With the closing of this extension, Hypori has raised $35M in Series B funding.
“Hypori is at the forefront of digital transformation in today’s security conscious landscape” said Paul McEwen, Group Head of Technology Services at UBS. “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”
This funding round was strategically designed to align Hypori with partners who bring industry expertise and strong customer relationships. These alliances will enable Hypori to scale deployments, deepen its foothold in industries such as defense, healthcare, financial services, and government, and expand into new sectors. Both AE Industrial and UBS join Hypori’s Board of Directors as advisors.
“We’re honored to have AE Industrial, UBS, and Carahsoft’s support as we continue scaling Hypori’s impact across industries,” said Jared Shepard, CEO of Hypori. “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.”
In 2024, Hypori experienced rapid growth, fueled by significant milestones including a $4.1 million contract with the United States Air Force and Space Force and a $12 million renewal with the U.S. Army. The company also expanded its sales team and earned the Federal Risk and Authorization Management Program (FedRAMP®) “In Process” designation at a high impact level. These achievements have strengthened Hypori’s ability to support organizations leveraging BYOD programs, enabling them to eliminate data-at-rest requirements, mitigate risks of data loss, and neutralize malware threats from end-user devices. To learn more about Hypori, visit www.hypori.com.
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