Advent led a $35m Series C funding round in HYPR.

Advent led a $35m Series C funding round in HYPR, a provider of true passwordless security solutions. The round had participation from investors RRE Ventures, .406 Ventures, BoldStart, Top Tier Capital, MESH, Alumni Ventures Group, Allen & Co, Samsung NEXT and Mastercard. "Removing passwords for customers and employees eliminates a critical cybersecurity vulnerability, lowers IT support costs, and improves the overall user experience. HYPR is a leading player in the emerging passwordless space, and has proven its ability to deliver for a large and diverse group of customers. We are incredibly excited to partner with HYPR, and believe the company is well-positioned for continued growth," Ashwin Krishnan, Advent's New York technology team Principal.