Hypori raises $10.5M to secure edge data with a zero-trust BYOD approach

Categories Edge Computing News  |  Edge Security  |  Funding
Hypori raises $10.5M to secure edge data with a zero-trust BYOD approach

Hypori Inc, a SaaS company providing secure access to edge data, recently completed a Series B funding round and secured $10.5 million. Hale Capital Partners spearheaded the investment, with support from GreatPoint Ventures and General David Petraeus, among other investors. The company says the funding will help Hypori grow its market position as a zero-trust bring-your-own-device technology provider.

Hypori is a Software-as-a-Service company that offers Hypori Halo. This virtualized Android operating system secures data for defense organizations and private commercial industries. Leveraging a zero-trust security model, this technology enables the transmission of data from edge devices to a secure virtual workspace in either the cloud or a data center. The Hypori Halo operating system runs on customers’ edge devices, safeguarding customer data within the enterprise.

Hypori has agreed to deliver Hypori Halo to more than 20,000 users across the Army, Army Reserve and Army National Guard. The company intends to use the funding to scale its production to fulfill the U.S. Army Phase 3 BYOD rollout.

“We are thrilled to be working with Hypori. We admire their leadership and customer-focused approach to solving critical national security and commercial security needs while delivering a compelling user experience,” said Martin M. Hale, the junior managing partner at Hale Capital Partners. Hale will also be joining the Board of Directors of Hypori.

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Hypori Halo is a tested BYOD platform for the U.S. Department of Defense

Hypori published a report stating that its Halo Android-based operating system is the most secure technology, with zero significant security issues identified. The Department of Defense Threat Systems Management Office (TSMO) has also tested and certified the operating system.

The zero-trust bring-your-own-device (BYOD) architecture allows customers to securely access data in the cloud or customer data center from any device running Android, iOS or Windows 10. The Hypori Halo application can be installed on a user’s device, allowing secure access to a virtual workspace. The operating system maintains a complete separation between the virtual workspace and the user’s device, providing complete privacy and absolving the organization of any responsibility for the user’s behavior.

“This is a pivotal moment of change for Hypori. Hale Capital and Marty are exactly what we needed to continue to drive disruptive innovation and transform secure access and interaction with data from the edge,” said Jared Shepard, the president and CEO at Hypori Inc. “Hypori is changing the way the industry thinks about cybersecurity and operating at the speed of cloud to achieve mission success.”

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