Company:HYPR Corp
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| Type | Private |
|---|---|
| Industry | Decentralized authentication |
| Founded | 2014 |
| Headquarters | New York City |
Key people | George Avetisov (CEO), Bojan Simic (CTO), Roman Kadinsky (CFO/COO)[1] |
| Products | Decentralized Authentication Platform |
| Website | www |
HYPR Corp is a venture-backed, New York City based company founded in 2014 that provides enterprises with decentralized authentication technology for accessing mobile, web, and Internet of Things (IoT) applications.[1][2][3][4][5]
History
HYPR Corp was founded in 2014 in New York City by a team of security researchers with $800,000 in private seed capital before concluding a $3 million growth funding round in October 2016 Ventures and a $10 million Series A funding round in September 2017.[6][7]
The company’s authentication platform was unveiled at the International Consumer Electronics Show (CES) in January 2015 in Las Vegas. It was listed as one of the top 10 best technologies of CES 2015 by ZDNet[8]
The company is a board member of the Fast Identity Online (FIDO) Alliance.[9]
In 2018 its CEO and co-founder George Avetisov was named to Forbes 30 Under 30 List in the Enterprise Technology category .[10]
In October 2019 the company announced a $18.3 million Series B funding round led by Comcast Ventures, with participation from Mastercard and Samsung.[11]
Technology
HYPR provides a decentralized biometric tokenization scheme which it claims gives enterprises the option to replace the use of centralized password-based systems. This technology is based on software development kits (SDKs).[2]
HYPR focuses solely on authentication, while the management of people's identities is handled by third party companies such as ForgeRock and Okta, who are partners of the company.[11][12]
References
- ↑ 1.0 1.1 "Blockchain Meets Biometrics as BitGo Partners With HYPR". http://www.nasdaq.com/article/blockchain-meets-biometrics-as-bitgo-partners-with-hypr-cm589256.
- ↑ 2.0 2.1 Avetisov, George. "HYPR Biometric Tokenization For Payments". Paymentweek. https://paymentweek.com/2015-10-6-hypr-biometric-tokenization-for-payments-8488/.
- ↑ "Bringing Tokenization To Secure Payments & Beyond". http://www.darkreading.com/cloud/bringing-tokenization-to-secure-payments-and-beyond/d/d-id/1320193.
- ↑ 14, Roy Urrico August; Reprints, 2015 •. "HYPR Rethinks Biometrics". http://www.cutimes.com/2015/08/14/hypr-rethinks-biometrics.
- ↑ "Reality Check: In search of better authentication in an IoT world" (in en-US). http://www.rcrwireless.com/20150728/opinion/reality-check-in-search-of-better-authentication-in-an-iot-world-tag10.
- ↑ Tanaya Macheel. "Biometric Startup Raises Growth Capital". American Banker. http://www.americanbanker.com/news/bank-technology/biometric-startup-raises-growth-capital-1091975-1.html. Retrieved 26 October 2016.
- ↑ Zakrzewski, Cat (18 October 2016). "WSJ Pro Venture Capital". https://www.wsj.com/articles/hypr-raises-3m-to-replace-passwords-with-biometrics-1476790208. Retrieved 26 October 2016.
- ↑ "CES 2015: Meet this year's best tech 5 - Page 5". http://www.zdnet.com/pictures/ces-2015-meet-this-years-best-tech-devices-gadgets/5/.
- ↑ "- FIDO Alliance". https://fidoalliance.org/. Retrieved 22 February 2018.
- ↑ "Forbes 30 Under 30 2019: Enterprise Technology | Forbes". https://www.forbes.com/30-under-30/2019/enterprise-technology/#3922d3591e1d.
- ↑ 11.0 11.1 Hackett, Robert (October 1, 2019). "Comcast, Mastercard, and Samsung Are Pouring Millions Into This Password-Killing Startup". https://fortune.com/2019/10/01/hypr-comcast-mastercard-samsung-funding-password/.
- ↑ Kerner, Sean. "HYPR Debuts Biometrics SDK to Improve Authentication". eWeek. https://www.eweek.com/security/hypr-debuts-biometrics-sdk-to-improve-authentication.
External links
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