Hypori raises $7.1M to go after mobile users in the corporate world

Jan 8, 2015
Austin Business Journal

Hypori Inc., an enterprise software maker, reported raising $7.1 million

The Austin-based company collected the capital from 23 investors, according to a Wednesday filing with the U.S. Securities and Exchange Commission. CEO Justin Marston couldn't be immediately reached for comment

Hypori, which launched in 2011 as DroidCloud Inc., operated in stealth mode for three years. In August 2014, it unveiled its virtual mobile infrastructure platform at the Federal Mobility Summit event in Washington D.C.

The platform is designed to connect Android and Apple devices to central virtualized infrastructures, according to a company news release

Marston was previously the founder and CEO of BlueSpace Software Corp., which dealt with secure virtualization in the defense sector. Co-founder and Chief Technology Officer Brian Vetter has previously been CTO at BlueSpace and CTO of Motive Inc., an Austin-based automation software maker bought in 2008 by Paris-based Alcatel-Lucent SA for $67.8 million., according to their online profiles

In July 2014, Hypori reported raising $500,000 of a planned $7.2 million financing from a lone investor, according to an SEC filing

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