Hyper Sphere Technologies announced it raised $3.32 Million in an initial filing from an offering of $3.82 Million
Hyper Sphere Technologies announced it raised $3.32 Million in an initial filing from an offering of $3.82 Million
11/02/23, 2:41 PM
Location
Money raised
$3.32 million
Industry
information technology
Round Type
seed
Company Info
Location
980 birmingham rd
milton, massachusetts, united states
Additional Info
Conventional data protection utilizes keys to encrypt data. Whether a private or a public key, such keys are typically nothing more than random numbers. Given a window of opportunity, even classical computers (not to mention quantum computers) can figure out how to hack the numbers. HyperSphere does not use keys that can be hacked, lost, or stolen. HyperSphere uses its patented technology to transform any data – from an antiquated AES key to today’s structured or unstructured data into abstract constructs (what we call shadows) of the underlying data. Such a shadow, as its name implies, cannot be attacked. Moreover, HyperSphere’s data protection paradigm allows the underlying data to be deleted once the data has been converted into shadows. That which does not exist cannot be hacked, lost, or stolen. The deleted data is reconstituted only when needed, i.e., on demand. HyperSphere creates the world’s only Zero Knowledge - Zero Trust and keyless data protection platform.