Hopr develops an automated moving target defense platform that prevents attacks from reaching API endpoints by rotating workload credentials at high frequency, building end-to-end encrypted communication tunnels, and verifying identities at both tunnel endpoints. The company’s patented AMTD approach aims to disrupt traditional certificate, key, and secrets manager workflows and streamline Zero Trust adoption in cloud infrastructures. Hopr positions its product for cloud environments that rely on containerized infrastructure and APIs, addressing credential theft and authenticated attacker threats. The company plans to accelerate a product-led go-to-market strategy, list its AMTD solutions in cloud software marketplaces, and support "free-forever" subscribers. Hopr recently joined the Google for Startups Cloud Program to speed product development, testing at scale, and exploration of multi-cloud features. The company will use the funding to improve infrastructure resiliency and reliability while growing its market presence.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

May 2023