Cloud Network Management Company HyperQube Raises $2.5 Million In Seed Funding

By Dan Anderson ● Aug 7, 2020
  • Arlington, Virginia-based HyperQube Technologies — a company that brings the power of “copy and paste” to complex cloud networks — announced that it has raised $2.5 million in a seed round of funding.

Arlington, Virginia-based HyperQube Technologies — a company that brings the power of “copy and paste” to complex cloud networks — announced that it has raised $2.5 million in a seed round of funding. HyperQube plans to use the $2.5 million in funding to fuel its growth by expanding the sales, marketing, and engineering teams.

How does HyperQube work? The HyperQube platform provides IT teams with the ability to replicate entire cloud networks with the click of a button. And companies benefit by reducing overall virtualization spend by up to 80% while eliminating the waste associated with replicating infrastructure. HyperQube is cloud-agnostic with current API support for both VMWare and AWS. Since HyperQube launched from the Mach 37 program in 2018, the company has seen significant growth and helped enterprises spin up new networks much faster than before.

“With the growing remote workforce necessitating a rush to the cloud, HyperQube is poised to accelerate and manage that process while simultaneously reducing costs and enhancing security,” said Craig Stevenson, HyperQube’s founder and CEO.

The HyperQube “no-code” platform helps organizations rapidly review, comment, and iterate on infrastructure as code.

“We’re excited to invest in HyperQube because of the substantial impact their powerful solutions can have across multiple markets,” added Karl Gemperli, Co-Founder and Managing Partner of Leawood Venture Capital. “As investors, we strive to identify talented and dedicated leadership teams with deep domain expertise and unique technology. Their proven platform is already helping established public and private sector partners improve their cybersecurity systems.”

HyperQube plans to use the $2.5 million in funding to fuel its growth by expanding the sales, marketing, and engineering teams.