Cybersecurity / Funding / Investing / Startups

HyperQube closes a $500K seed round

The company recently launched, providing enterprises with virtual testing infrastructure. HyperQube is using the funds to accelerate sales and development, and add key hires to the executive team.

HyperQube, a "cyber range as a service" startup. (Photo via @HyperQubeTech on Twitter)

D.C.-based cybersecurity startup HyperQube has secured a $500,000 seed round with participation from CIT Gap Fund, MACH37, Adam Ghetti, CEO of Ionic Security, Michael Wellman, CEO of Virgil Security, Dmitry Dain, CTO at Virgil and local investor Kathryn Stewart.

The 2017 Mach37 cybersecurity accelerator graduate company allows enterprises to create virtual test environments to see how their IT infrastructures can hold up against cyber attacks. HyperQube officially opened for business and launched its service offerings in March. The company said in a news release that it is using the seed funds to accelerate sales and development and add key hires to the executive team. The company currently has three full-time employees.

“We are thrilled to have gained the partners and funding that will allow us to meet demand, grow faster and welcome top-grade talent to the executive team, HyperQube founder and CEO Craig Stevenson said in a statement. “Our initial launch proved what we knew to be true from the beginning: There is intensive need from enterprises and government for better tools to create, develop and distribute virtual infrastructures.”

Coined a “cyber range as a service,” HyperQube gives technologists the capabilities to explore infrastructures in a risk-free environment without harming the main IT infrastructure. HyperQube has teamed up with Cisco and Forrester for its testing, deployment and virtual infrastructure needs. The cybersecurity company reported that it has developed personalized products for a variety of C-suite needs and use cases.

HyperQube’s solutions include (with descriptions from the company’s press release):

  • HyperRange: for enterprise to virtual infrastructure development and deployment
  • HyperDesign: for remote collaboration
  • HyperSkill: for realistic cybersecurity education and training

“The complexity and costs of managing virtual testing infrastructure today are a major pain point. HyperQube tackles this problem head-on with a powerful, easy to use, and economical solution,” Ghetti said in a statement.

HyperQube was recently featured on CyberScoop’s Securiosity podcast, a weekly cybersecurity podcast produced by tech media company Scoop News Group.


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