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Hyper Sphere Technologies announced it raised $3.32 Million in an initial filing from an offering of $3.82 Million

Nov 02, 2023about 2 years ago

Amount Raised

$3.32 Million

Round Type

seed

MiltonInformation Technology

Company Information

Company

HyperSphere Technologies

Location

980 BIRMINGHAM RD

Milton, Massachusetts, United States

About

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.

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