Mastercard and Samsung Next returned for authenication technology provider Hypr's series C round while risk management software provider Archipelago raised $34m.


US-based passwordless authentication technology provider Hypr raised $35m yesterday in a series C round featuring payment services firm Mastercard and Samsung Next, a subsidiary of consumer electronics producer Samsung. The round was led by private equity firm Advent International’s Advent Tech fund and included RRE Ventures, .406 Ventures, BoldStart, Top Tier Capital, Mesh, Alumni Ventures Group and Allen & Co. Hypr said it has now raised over $70m in total, Mastercard and Samsung Next having both backed its $18.3m…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.