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.”
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