Hyperproof Raises $40 Million Led by Riverwood Capital to Expand Compliance Software for Clients Including Reddit and Motorola

Seattle-area startup Hyperproof raised $40 million led by Riverwood Capital to expand its risk and compliance software used by companies like Reddit and Motorola, after tripling its customer base and increasing revenue by 260%. Founded in 2018 and led by CEO Craig Unger, the company has raised $66.5 million to date.

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