Hypori, a mobile access platform provider enabling secure virtual access to enterprise apps and data from any mobile device with total personal privacy, announced the completion of a strategic $12 million Series B extension. The funding round, including investments from UBS AG (UBS), Carahsoft Technology Group (Carahsoft), and AE Industrial Partners (AE Industrial), positions Hypori to accelerate the adoption of zero-trust bring-your-own-device (BYOD) programs through a secure mobile access platform technology in existing/emerging markets. With the closing of the extension, Hypori raised $35 million in Series B funding.
This funding round was strategically designed to align Hypori with partners who bring industry expertise and strong customer relationships. And 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. AE Industrial and UBS join Hypori’s Board of Directors as advisors.
Last year, 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. And 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. And these achievements have strengthened Hypori’s ability to support organizations utilizing BYOD programs, enabling them to eliminate data-at-rest requirements, mitigate risks of data loss, and neutralize malware threats from end-user devices.
KEY QUOTES:
“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.”
- Paul McEwen, Group Head of Technology Services at UBS
“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.”
- Jared Shepard, CEO of Hypori
