Hypori Company Profile

Background

Hypori is a cybersecurity Software as a Service (SaaS) provider specializing in enabling bring-your-own-device (BYOD) capabilities and zero-trust access to enterprise applications and data through a secure virtual mobile infrastructure. The company's mission is to deliver secure access to data from any device, anywhere, empowering businesses and government agencies globally to protect data within their enterprise by preventing data at rest or in transit outside the enterprise. Hypori's flagship product, Hypori Halo, offers a virtual BYOD solution that ensures no data resides on the physical device, thereby preserving end-user privacy and reducing security risks.

Key Strategic Focus

Hypori's strategic focus centers on providing zero-trust, secure virtual workspaces accessible from any mobile device. The company emphasizes:

Zero-Trust Architecture: Ensuring no data at rest or in transit outside the enterprise, thereby eliminating the edge as an attack surface.

BYOD Enablement: Allowing organizations to implement BYOD policies without compromising security or user privacy.

Market Expansion: Targeting sectors such as defense, federal agencies, and commercial healthcare where data security and privacy are paramount.

Financials and Funding

Hypori has secured significant funding to support its growth and innovation:

Series A Financing: In June 2021, Hypori closed a $20 million Series A investment led by GreatPoint Ventures.

Notable Investors: Retired General David H. Petraeus personally invested in Hypori in April 2022, highlighting the strategic importance of Hypori's technology in national security.

Utilization of Capital: The funds have been directed towards expanding Hypori's platform into vertical markets, including fintech and healthcare, and enhancing product development to meet the evolving needs of secure mobile access.

Technological Platform and Innovation

Hypori's technological innovations are encapsulated in its flagship product:

Hypori Halo: A zero-trust virtual workspace that streams a separate, secure virtual device to any smartphone or tablet, ensuring no data is stored on the physical device.

Proprietary Technologies: Hypori's solution ensures 100% separation of corporate and personal data, preserving end-user privacy and reducing security risks.

Certifications: Hypori Halo is HIPAA-compliant and has achieved SOC 2 Type 1 compliance, reinforcing its commitment to data security and privacy.

Leadership Team

Hypori's leadership comprises experienced professionals dedicated to advancing secure mobile access solutions:

Jared Shepard: President and CEO, leading the company's strategic direction and growth initiatives.

Jim Cushman: President, overseeing product development and innovation, instrumental in transitioning Hypori to a cloud-based SaaS model.

Eric Wang: Senior Vice President of Product and Engineering, bringing extensive experience in developing private and public cloud platforms.

Jerry Raphael: Chief Financial Officer, responsible for financial operations and strategic growth, with a background in scaling SaaS and cybersecurity companies.

Leadership Changes

Recent significant appointments within Hypori's leadership include:

Jim Cushman: Promoted to President in January 2025, previously serving as Chief Product Officer since 2021.

Eric Wang: Elevated to Senior Vice President of Product and Engineering in January 2025, contributing to Hypori's technological advancements.

Jerry Raphael: Appointed as Chief Financial Officer in March 2024, bringing over 25 years of experience in strategic financial operations.

Competitor Profile

Market Insights and Dynamics

The BYOD and zero-trust security markets are experiencing significant growth, driven by the increasing need for secure remote access solutions and the proliferation of mobile devices in the workplace. Organizations are seeking solutions that enable secure access to enterprise resources without compromising user privacy or data security.

Competitor Analysis

Key competitors in the secure mobile access and BYOD security space include:

Comodo Cybersecurity: Offers endpoint security solutions with a focus on protecting against malware and cyber threats.

Vaultus: Provides mobile application management and enterprise mobility solutions.

Liqid Inc.: Specializes in composable infrastructure and dynamic resource allocation.

Cortado: Delivers virtual data rooms and enterprise mobility management services.

Hexnode: Offers unified endpoint management solutions for managing and securing devices across various platforms.

Strategic Collaborations and Partnerships

Hypori has established strategic collaborations to enhance its market position and innovation capacity:

Executive Board of Advisors: In January 2024, Hypori formed an Executive Board of Advisors comprising distinguished leaders such as General (Retired) Richard D. Clarke, Honorable Dana Deasy, and Honorable James "Hondo" Geurts. This board provides strategic guidance to tailor Hypori's solutions to the unique challenges faced by its operational users.

Operational Insights

Hypori's strategic considerations in relation to major competitors include:

Zero-Trust Architecture: Hypori's emphasis on zero-trust principles ensures that no data resides on the physical device, differentiating it from competitors that may rely on device-based security measures.

User Privacy: By maintaining 100% separation of corporate and personal data, Hypori addresses privacy concerns inherent in BYOD policies, offering a compelling value proposition to organizations and end-users alike.

Strategic Opportunities and Future Directions

Hypori's strategic roadmap includes:

Market Expansion: Leveraging its secure virtual mobile infrastructure to penetrate sectors such as fintech and healthcare, where data security and privacy are critical.

Product Development: Continuously enhancing Hypori Halo to meet evolving security standards and user requirements, including obtaining and renewing relevant certifications.

Talent Acquisition: Fostering a people-first, tech-focused culture to attract top talent, as evidenced by its recognition in Built In's Best Places to Work lists in 2023 and 2024.