Andreessen Horowitz Invest $110 Million in Hot New ICO

HyperCrypComm (https://hypercrypcomm.yolasite.com) the world's most secure communication network announced that leading venture capital firm Andreessen Horowitz just invested $110 million in the the Initial Coin Offer (ICO) for the HyperCrypComm HCC.

The company is building the leding edge software powered by a revolutionary new stable-rate token, the HCC, and is built on Ethereum Classic, the HCC stable-price token ensures security on the HCC platform.

David Cameron, the founder and CEO of HyperCrypComm states, "Initially we were looking at raising $20 million, but after talking to our new VC partners, we have raised our goal to $400 to fully develop and implement our HCC token and roll out our patform as soon as possible."

Cameron adds, "We are fortunate, that in addition to this investment by Andreessen Horowitz, we have investments from Sequoia Capital of $75 million and Benchmark of $50 million. Not only the money, but the knowledge base of these partners will help secure our future and for our investors in the ICO."

According to David Cameron, CEO and founder, "Already, billions of dollars are spent on cyber-security, this will continue to increase as a growing share of data increases the requirement for safe networks. In 2016, $73.7 billion was spent on cyber-security, with this amount estimated to increase to 101.6 billion by 2020, according to International Data Corporation"

Who is the intended users? Cameron believes some of the biggest users will be in the financial industry.

"The cost of cyber-security spending by the financial industry will also continue to grow, with perhaps even a higher rate of growth than other industries considering the sensitive nature of the work performed. We believe that the financial industry is one of many industries that will adopt the HCC standard for all communication networks globally."

While Cameron could not yet disclose names due to the confidential nature of negotiations, he did state that HCC is currently in negotiation with numerous financial firms located in the U.S., Europe, U.K., Asia, Eastern Europe, South East Asia and Latin America. The financial firms include many sectors, from insurance, banking and investment institutions.

Cameron also states that HyperCrypComm is in talks with several governments for military and security units utilizing the HCC protocol for secured communication networks.

"Think of the billions that are required for security, with the HCC protocol, the most secure network ever developed, this creates a huge support system globally."

Cameron also believes the health industry has much to gain from the HCC protocol.

"With all of the scrutiny over cyber-security hacks and patient data, we think health care providers could begin to see the HCC protocol as the global standard.

Investors can deposit ether, 1 ether for 10 HCC tokens, only to the following address:
0xb59222604655c9d96c92cf8e46e33c1d0ee84253

For more information on HyperCrypComm and the HCC protocol along with the crowdsale, please visit: https://hypercrypcomm.yolasite.com

About HyperCrypComm (HCC):
HyperCrypComm is a developer of encrypted communication network security software for businesses and individuals to use the HCC platform for the ultimate in security. The Platform provides secure, encrypted data transmission technology. HyperCrypComm encourages users or interested parties to incorporate the platform for your needs, either on a commercial basis or for private use. Visit https://hypercrypcomm.yolasite.com

Anthony Freeze, CEO
HyperCrypComm
27 S Park St Suite 204
94016
USA

This release was published on openPR.