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New York City based HYPR is raising $25,000,000.00 in New Equity Investment.

New York City based HYPR is raising $25,000,000.00 in New Equity Investment.

December 22, 2022 Craig Etkin

New York, NY – According to filings with the U.S. Securities and Exchange Commission, HYPR is raising $25,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, George Avetisov played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About HYPR

HYPR fixes the way the world logs in by breaking the tradeoff between strong security and consumer-grade user experiences. Our approach shifts the economics of attack and risk in the enterprises favor by replacing password-based MFA with Passwordless MFA. With HYPR, customers provide users with a consumer-grade experience while finally enabling cross-platform desktop MFA, stopping phishing, and virtually eliminating fraud associated with weak or stolen passwords.

To learn more about HYPR, visit http://hypr.com/

Contact:
George Avetisov, Chief Executive Officer
646-503-5366
https://www.linkedin.com/in/george-avetisov/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved


Venture Capital
5600, HYPR, New York, New York City, Venture Capital

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