Hypori Raises $12M in Series B Funding to Expand Zero-Trust BYOD Solutions in Mobile Security

Hypori Raises $12M in Series B Funding to Expand Zero-Trust BYOD Solutions in Mobile Security

Hypori, a leader in secure mobile access solutions, has successfully secured $12 million in a Series B extension round, aiming to enhance the adoption of zero-trust bring-your-own-device (BYOD) strategies. This funding round garnered interest from notable investors such as UBS AG, Carahsoft Technology Group, and AE Industrial Partners.

Investment Details and Future Plans

With this latest funding, Hypori has raised a total of $35 million in its Series B financing. The company provides a secure mobile access platform that allows users to securely access enterprise applications and data from any device while ensuring complete personal privacy.

Key Industries Served

Hypori’s technology is particularly beneficial for industries that require stringent security measures, including:

  • Defense
  • Healthcare
  • Financial Services
  • Government

Utilization of New Capital

The newly acquired capital will be utilized to:

  • Expand market reach
  • Strengthen partnerships
  • Enhance product innovation

Strategic Insights from Investors

Paul McEwen, Group Head of Technology Services at UBS, emphasized the synergy between this investment and UBS’s digital security strategy. He stated, “Hypori is at the forefront of digital transformation in today’s security-conscious landscape. Our commitment to ensuring the complete security of client data while improving employee mobility makes the investment in Hypori a natural fit.”

CEO’s Perspective on Investment

Jared Shepard, CEO of Hypori, expressed his excitement about the investment, noting, “We’re honored to have the support of AE Industrial, UBS, and Carahsoft as we continue to scale Hypori’s impact across industries. Their belief in our product and direction empowers us to fast-track product innovation and broaden our market reach.”

As global threats escalate, organizations are increasingly prioritizing mobile security and data protection, while individuals focus on maintaining privacy. Hypori’s capability to mitigate risks and simplify compliance for highly regulated industries positions the company to make 2025 a landmark year in the realm of secure mobile access solutions.

READ ALSO  Wyzr Secures £400,000 Funding Boost at NatWest Fintech Demo Day: A Game-Changer in AI Financial Technology

For more information on mobile security trends, visit CSO Online.

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