{"id":5693,"date":"2023-05-29T18:04:15","date_gmt":"2023-05-29T18:04:15","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=5693"},"modified":"2023-05-29T18:04:26","modified_gmt":"2023-05-29T18:04:26","slug":"hopr-raises-500000-in-funding-led-by-tedco","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/hopr-raises-500000-in-funding-led-by-tedco\/","title":{"rendered":"Hopr Raises $500,000 In Funding Led By TEDCO."},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-334.png\" alt=\"\" class=\"wp-image-5694\" width=\"107\" height=\"107\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-334.png 200w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-334-150x150.png 150w\" sizes=\"(max-width: 107px) 100vw, 107px\" \/><\/figure>\n\n\n\n<p>Columbia, Maryland &#8211; <a href=\"https:\/\/www.hopr.co\/\">Hopr<\/a>, an innovative data security software products company, is excited to announce the successful completion of its latest funding round, raising a total of $500,000. <a href=\"https:\/\/www.tedcomd.com\/\">TEDCO<\/a>, a prominent investor in the technology sector, led the funding. This investment will fuel Hopr&#8217;s growth and enable the company to further develop its groundbreaking solutions in the field of data security.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"492\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-335-1024x492.png\" alt=\"\" class=\"wp-image-5695\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-335-1024x492.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-335-300x144.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-335-768x369.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-335.png 1129w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Hopr&#8217;s AMTD solution safeguards workloads, APIs, and data across all cloud environments. It accomplishes this by employing a unique set of methodologies, including frequent credential rotation, establishing end-to-end encrypted communication tunnels, and verifying identities at both endpoints. By documenting and preserving a chain of trust in workload identities, Hopr simplifies the adoption of Zero Trust principles in cloud infrastructures. This approach requires matching credentials to prove identity before granting trust to any workload.<\/p>\n\n\n\n<p>The company&#8217;s revolutionary CHIPS\u2122 technology forms end-to-end encrypted communication channels between trusted workloads, ensuring the highest level of security. These communication tunnels are ephemeral and self-constructed by trusted workloads on-demand, fortified by symmetric end-to-end encryption without a key exchange. By implementing a Zero Trust framework, trust is verified through the rotation of two credentials at a high frequency. Hopr&#8217;s solutions are delivered as sidecar containers, enabling fast and low-friction DevOps deployment, and empowering organizations to integrate robust data security measures into their existing infrastructures seamlessly.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"587\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-336-1024x587.png\" alt=\"\" class=\"wp-image-5699\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-336-1024x587.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-336-300x172.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-336-768x440.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-336.png 1116w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>&#8220;We are thrilled to have the support and trust of TEDCO as we continue our mission to revolutionize data security,&#8221; said <a href=\"https:\/\/www.linkedin.com\/in\/tom-mcnamara-hopr\/\">Tom McNamara<\/a>, Founder of Hopr. &#8220;This funding will enable us to further enhance our offerings and provide our customers with the most advanced tools to safeguard their sensitive information. We are dedicated to building a more secure digital future, and we are excited about the opportunities that lie ahead.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Columbia, Maryland &#8211; Hopr, an innovative data security software products company, is excited to announce the successful completion of its latest funding round, raising a total of $500,000. TEDCO, a prominent investor in the technology sector, led the funding. This investment will fuel Hopr&#8217;s growth and enable the company to further develop its groundbreaking solutions [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hopr Raises $500,000 In Funding Led By TEDCO. - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"Columbia, Maryland - Hopr, an innovative data security software products company, is excited to announce the successful completion of its latest funding\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/hopr-raises-500000-in-funding-led-by-tedco\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hopr Raises $500,000 In Funding Led By TEDCO. - 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