The recent Equifax hack is yet another reminder that major corporations are still leaving themselves susceptible to attacks.
There are countless cybersecurity startups looking to fix this problem, but HYPR believes its decentralization approach is key. Its authentication technology secures traditional passwords and also biometrics like fingerprints, faces and voices.
The New York-based startup is announcing that it raised an $8 million Series A funding round led by RRE Ventures. Existing investors RTP Ventures, Boldstart Ventures and Mesh Ventures also participated.