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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Hopr

start up
United States - Columbia, Maryland
  • 26/05/2023
  • Unknown
  • $500,000

Hopr, a Gold and Silver awardee of the 2023 Cybersecurity World Award program, ensures that an attacker’s window of opportunity to exploit workloads or capture high value data in transit is closed. The company’s novel automated moving target defense (AMTD) protects workloads, APIs and data across all clouds by rotating credentials with high frequency, building end-to-end encrypted communication tunnels and verifying identities at both endpoints. By establishing and preserving a chain of trust in workload identities, Hopr streamlines the adoption of Zero Trust in cloud infrastructures – verifying credentials to prove identity before any workload is trusted.

Hopr's Zero Trust AMTD ensures that an attacker’s window of opportunity to exploit workloads or capture high value data in transit is closed. The company’s novel moving target defense protects workloads, APIs and data across all clouds by rotating credentials with high frequency, building end-to-end encrypted communication tunnels and verifying identities at both endpoints. By establishing and verifying a chain of trust in workload identities, Hopr streamlines the adoption of Zero Trust in cloud infrastructures – matching credentials to prove identity before any workload is trusted.

The company’s patented CHIPS™ technology builds end-to-end encrypted communication channels between trusted workloads, and verifies trust in workload identities at each session. These tunnels are:
■ Ephemeral and self-constructed by trusted workloads equipped with a Sidecar as needed on demand
■ Hardened by symmetric end-to-end encryption without a key exchange
■ Zero Trust where trust is verified with two ‘credentials’ that rotate at a high frequency
■ Delivered as sidecar containers, enabling fast low-friction DevOps deployment


Related People

Tom McNamaraFounder

Tom McNamara United States - Ellicott City, Maryland

Tom is an accomplished engineer, technologist, inventor, faith-driven entrepreneur, and mission-minded executive.

He is the founder and CEO of Hopr, a cybersecurity technology company offering Automated Moving Target Defense (AMTD) solutions that protect workloads and their data and prevent attacks. Prior to Hopr, Tom was the founding President and CEO of the Virginia Tech Applied Research Corporation, building the corporation from the ground up over its first five years of operation. Prior to that he was a Principle Professional Staff Member at The Johns Hopkins University Applied Physics Laboratory.

With a formal education in engineering, and decades of experience with technology R&D, Tom has applied his talents and expertise to diverse problems in both start-ups and established businesses.

He is a strong believer in the power of a healthy team to overcome obstacles and achieve great outcomes.