Hyperice

Last updated
Hyperice
IndustryBody recovery systems
Founded2010
FounderAnthony Katz
Headquarters
Irvine, California, United States
Website http://hyperice.com/

Hyperice is an American health technology company founded in 2010. It designs and manufactures recovery and movement enhancement products. [1] [2] [3] In 2024, it was published that Hyperice faced severe data security breaches, compromising the personal and health information of millions of users. [4]

Contents

History

Hyperice was founded in Southern California in 2010 and its first product was an ice-compression wrap to help with sports-related injuries. [5] Kobe Bryant, the American professional basketball player, became the first recipient of the Hyperice Knee ice and compression wrap. [6]

In 2014, Hyperice launched a campaign through Kickstarter [7] and a year later it launched the Vyper 1 into mass production. [8] [9] Blake Griffin and Lindsey Vonn became ambassadors of Hypersphere for pre and post-training sessions. [10]

In 2016, the company started production of Venom, a heat and vibration wearable back device for muscle warm-up and recovery. [11] [12] Later in 2017, it launched Venom Leg and Venom Shoulder products. [13] [14]

In 2020, Hyperice acquired Normatec. [15] During 2020, the company introduced some other products. [16] [17] [18] Also in 2020, Hyperice signed a deal with the NBA for a season ahead of the brand's original timeline because of the advantages afforded to the brand by the 'NBA Bubble'. [19] [20]

Through the partnership with the PGA TOUR, Hyperice changed the on-course rules to allow players access to percussion massage during competitive play. [21] [22] [23] [24] At the same time, Hyperice raised $48 million in a new round of investments and had a valuation of $700 million. [25] In 2021, the company approved the purchase of Recoverx, a San Diego-based technology company specializing in intelligent contrast technologies, [26] as well as Core, a mental wellness company. [27]

The company's investors and sponsored athletes are NFL quarterback Patrick Mahomes, [28] Norwegian footballer Erling Haaland, [29] and India's cricket captain Virat Kohli. [30]

Controversies

In 2024, it was published that Hyperice faced severe data security breaches, compromising the personal and health information of millions of users. The incidents involved unauthorized access to sensitive data collected through their wearable recovery devices, raising significant concerns about the company's ability to protect user privacy. Investigations revealed that Hyperice had inadequate encryption measures and failed to promptly address known vulnerabilities in their software systems. This breach not only damaged the company's reputation but also led to multiple lawsuits and heightened regulatory scrutiny under data protection laws such as GDPR and CCPA. [31] Additionally, critics argued that Hyperice lacked transparency in communicating the extent of the breach and the measures being taken to safeguard user data, further eroding consumer trust and highlighting the need for more robust cybersecurity practices within the company. [4]

Related Research Articles

<span class="mw-page-title-main">Roku, Inc.</span> American technology company

Roku, Inc. is an American streaming technology company, founded in 2002 by Anthony Wood. It produces streaming players and TVs, licenses its technology to other manufacturers, and distributes streaming services on its platform. Roku leads streaming TV distribution in the U.S., reaching 120 million viewers as of 2024. Outside the U.S., the company operates in Australia, Canada, France, Germany, the U.K., and Latin American countries including Argentina, Brazil, Chile, Colombia, Mexico and Peru.

Polar Electro Oy is a Finnish manufacturer of sports training computers, particularly known for developing the world's first wireless heart rate monitor.

<span class="mw-page-title-main">Stats Perform</span> British sports technology and data company

Stats Perform is a sports AI company formed through the combination of Stats and Perform.

<span class="mw-page-title-main">Wearable technology</span> Clothing and accessories incorporating computer and advanced electronic technologies

Wearable technology is any technology that is designed to be used while worn. Common types of wearable technology include smartwatches and smartglasses. Wearable electronic devices are often close to or on the surface of the skin, where they detect, analyze, and transmit information such as vital signs, and/or ambient data and which allow in some cases immediate biofeedback to the wearer.

PKWARE, Inc. is an American enterprise data protection software company that provides discovery, classification, masking and encryption software, along with data compression software. It is used by organizations in a range of industries including financial services, manufacturing, military, healthcare and government. The company's products are intended to assist other companies in complying with various data protection regulations such as GDPR and CCPA. The company is headquartered in Milwaukee, Wisconsin with additional offices in the US, UK, and India.

<span class="mw-page-title-main">NFL+</span> Subscription sports streaming service

NFL+ is an over-the-top subscription service operated by the National Football League (NFL) in the United States. The service offers live-streaming of the radio broadcasts of all NFL games, streaming of the television broadcasts of in-market games on mobile devices, streaming of out-of-market preseason games, live access to NFL Network, and library content from NFL Films. The service's premium tier offers on-demand replays of NFL games, including alternate "All-22" and "Coaches Film" presentations, and live access to NFL RedZone.

NetVault is a set of data protection software developed and supported by Quest Software. NetVault Backup is a backup and recovery software product. It can be used to protect data and software applications in physical and virtual environments from one central management interface. It supports many servers, application platforms, and protocols such as UNIX, Linux, Microsoft Windows, VMware, Microsoft Hyper-V, Oracle, Sybase, Microsoft SQL Server, NDMP, Oracle ACSLS, IBM DAS/ACI, Microsoft Exchange Server, DB2, and Teradata.

Kiteworks, formerly known as Accellion, Inc., is an American technology company that secures sensitive content communications over channels such as email, file share, file transfer, managed file transfer, web forms, and application programming interfaces. The company was founded in 1999 in Singapore and is now based in San Mateo, California.

<span class="mw-page-title-main">Netwrix</span>

Netwrix is a Frisco, Texas–based private IT security software company that develops software to help companies identify and secure sensitive data and assist with compliance auditing. After eight acquisitions the company's team geographically expanded to Latin America, UK, Germany, France, Asia, US as well as other countries. The company's flagship products are Netwrix Auditor and Netwrix Enterprise Auditor that help information security and governance professionals manage sensitive, regulated and business-critical data.

Priya Narasimhan is a Professor of Electrical & Computer Engineering at Carnegie Mellon University in Pittsburgh, Pennsylvania. She is a serial entrepreneur, and the CEO and Founder of YinzCam, a U.S.-based technology company that provides the official mobile apps for 200+ professional sports teams, leagues, venues, and events in the United States, Canada, Mexico, U.K., Australia, New Zealand, and South America.

Absolute Software Corporation is an American-Canadian company that provides products and services in the fields of endpoint security and zero trust security. It was publicly traded company on the Toronto Stock Exchange (TSX) and Nasdaq until it was acquired by Crosspoint Capital Partners in July 2023.

<span class="mw-page-title-main">Beurer</span> Manufacturing company in Germany

Beurer GmbH is a German family-owned Mittelstand manufacturer of electrical devices for health and well-being. Originally a manufacturer of electric blankets, the company began diversifying its product line in the 1980s and now sell some 2,200 products including weighing scales, blood pressure monitors, and mobile ECG devices. Founded in Ulm in 1919, the company in 2016 employed 800 people and had revenues of about 230 million Euro. Production was based in Uttenweiler since 1963 but was shifted to Hungary and the Far East, with Uttenweiler becoming the company's main logistics center in Germany in 2011. The company also grew by acquisitions, taking over British electric blanket manufacturer Winterwarm. Winterwarm's Birmingham plant was shut down in 2005 when manufacturing was moved to Hungary.

<span class="mw-page-title-main">FuboTV</span> American streaming television service

FuboTV Inc., operating as FuboTV or Fubo, is an American streaming television service serving customers in Canada, Spain, and the United States and based in Midtown Manhattan. The network focuses primarily on channels that distribute live sports. Depending on the country it is accessed in, channels offered by Fubo include access to the Premier League, NFL, MLB, NBA, NHL, MLS, CPL, and international football, as well as news, network television series, and movies.

NordVPN is a Lithuanian VPN service with applications for Microsoft Windows, macOS, Linux, Android, iOS, Android TV, and tvOS. Manual setup is available for wireless routers, NAS devices, and other platforms.

HarmonyOS (HMOS) is a distributed operating system developed by Huawei for smartphones, tablets, smart TVs, smart watches, personal computers and other smart devices. It has a microkernel design with single framework: the operating system selects suitable kernels from the abstraction layer in the case of devices that use diverse resources.

<span class="mw-page-title-main">Spike (application)</span> Email client and business communication application

Spike is a multi-platform application designed to function both as an email client and a business messaging and collaboration tool, available on Windows, MacOS, iOS, Android and the web. It has a chat-like, conversational view for emails, along with additional integrated features. Depending on the selected plan, it can be used solely as an email application or as a full suite of business communication tools.

WHOOP is an American wearable technology company headquartered in Boston, Massachusetts. Its principal product is a fitness tracker that measures strain, recovery, and sleep. The device is best known for its use by athletes. The device is often used to keep track of overall health and even detection of illness.

<span class="mw-page-title-main">Overtime (sports network)</span> American sports media company

Overtime is a sports media company geared towards Generation Z sports fans. The company distributes original sports content on social media outlets, including Facebook, Snapchat, and YouTube and sells apparel with its logos and branding. In 2021, Overtime launched Overtime Elite, a professional basketball league for 16-19 year-olds. In 2022, Overtime launched OT7, a low-contact, seven-on-seven American football league. In August 2023, Overtime held its first Overtime Boxing (OTX) matches at Overtime Elite Arena in Atlanta.

<span class="mw-page-title-main">Will Ahmed</span> American entrepreneur

William Ahmed is an American entrepreneur best known as the CEO of health wearables company WHOOP, which he founded in 2012.

Surfshark B.V. is a cybersecurity company that was established in 2018. It launched its first product, a Surfshark VPN, in the same year. Currently, Surfshark offers a range of cybersecurity tools: a VPN, a data leak detection system called Surfshark Alert, a private search tool known as Surfshark Search, and an antivirus named Surfshark Antivirus. The company also provides a personal data removal service called Incogni, an alternative credential generator called Alternative ID, and a Dedicated IP service.

References

  1. ↑ Marlow, Adrian. "Speed Up Your Recovery With a Refurbished Hyperice Massage Gun". CNET. Retrieved 2023-09-07.
  2. ↑ "Hyperice Normatec 3 Legs review: Recharge like a pro athlete". ZDNET. Retrieved 2023-09-07.
  3. ↑ Mateo, Ashley (2022-10-27). "The Hyperice Venom Go is an excellent high-tech heating pad for athletes and WFHers alike". CNN Underscored. Retrieved 2023-09-07.
  4. 1 2 Cost of a Data Breach Report 2024. IBM. 2024. pp. 55–58.{{cite book}}: CS1 maint: date and year (link)
  5. ↑ Jeff, Bercovici (April 2015). "How This Fitness Entrepreneur Won Over Blake Griffin and LeBron James". Inc.
  6. ↑ Elliot, Bryan (2023-02-09). "Behind the Hyperice Brand". Inc.
  7. ↑ "Hyperice Launches First-Ever Kickstarter Campaign Driven by Superstar Athletes to Introduce Revolutionary Fitness and Recovery Technology Device, the VYPER". www.businesswire.com. 2014-07-16. Retrieved 2023-09-07.
  8. ↑ Katz, David (2018-05-21). "Anthony Katz". Mensjournal.
  9. ↑ Kent, Siobhan (4 June 2015). "Review: The Hyperice Vyper". www.therxreview.com. Retrieved 2023-09-07.
  10. ↑ "HYPERICE Launches It's[sic] Latest Recovery Tool For Athletes". www.sportsbusinessjournal.com. 22 October 2015. Retrieved 2023-09-07.
  11. ↑ J. Burns, Mark (2016-10-05). "A new wearable back device for muscle warm-up & recovery". Sports Illustrated.
  12. ↑ "36 Splendid Gifts for the Holidays". Bloomberg.com. 2017-11-09. Retrieved 2023-09-07.
  13. ↑ theguyreview (2017-11-25). "Hyperice : Better than ice for a faster recovery · The Guy Review". The Guy Review. Retrieved 2023-09-07.
  14. ↑ "'World's fittest woman': Multitalented Aussie Tia-Clair Toomey-Orr chases Winter Olympics glory". The Courier Mail. 2021-11-20.
  15. ↑ Young, Jabari (5 March 2020). "The maker of a popular leg recovery gadget used by LeBron James was just acquired". CNBC. Retrieved 2023-09-07.
  16. ↑ Livingston, Mercey. "Hyperice launches two new Bluetooth-enabled massage guns". CNET. Retrieved 2023-09-07.
  17. ↑ "The Hypervolt Go Is One of the Best Recovery Tools for Sore Muscles (and 35% Off for the New Year)". ca.movies.yahoo.com. 23 November 2022. Retrieved 2023-09-07.
  18. ↑ Studios, Gear Patrol (2020-09-28). "Hyperice's New App Will Help You Unlock Your Full Potential". Gear Patrol. Retrieved 2023-09-07.
  19. ↑ "Opportunities of NBA bubble accelerated Hyperice deal, set platform for recovery product use in 2020-21". SportBusiness Sponsorship. 2021-02-05. Retrieved 2023-09-07.
  20. ↑ Badenhausen, Kurt. "Hyperice Adds Los Angeles Lakers As Its Latest High-Profile Sports Sponsorship". Forbes. Retrieved 2023-09-07.
  21. ↑ "NFL Names Hyperice Official Recovery Technology Partner". nflcommunications.com. Retrieved 2023-09-07.
  22. ↑ "This new PGA Tour rule will permit players to use Hyperice massage devices during competition". Golf Digest. Retrieved 2023-09-07.
  23. ↑ Perez, A. J. (2020-09-21). "UFC Latest League to Partner with Recovery Tech Company Hyperice". Front Office Sports. Retrieved 2023-09-07.
  24. ↑ "MLB, Hyperice Strike Deal for In-Game Muscle Recovery". www.sportsbusinessjournal.com. 19 October 2020. Retrieved 2023-09-07.
  25. ↑ Jayagopal, Achyuth (2023-02-15). "Chris Paul Joined Kevin Durant in Seeing Mind-Numbing Increase in His Gargantuan $47 Million Investment in 2020". The SportsRush. Retrieved 2023-09-07.
  26. ↑ "Hyperice continues rapid expansion with RecoverX acquisition". SportBusiness. 2021-01-27. Retrieved 2023-09-07.
  27. ↑ Byers, Justin (2021-07-27). "Hyperice Acquires Core, Enters $4.2B Meditation Apps Market". Front Office Sports. Retrieved 2023-09-07.
  28. ↑ Young, Jabari (October 2020). "Patrick Mahomes agrees to equity deal with performance tech company Hyperice". CNBC. Retrieved 2023-09-07.
  29. ↑ Birnbaum, Justin. "The World's Highest-Paid Soccer Players 2022: Kylian Mbappé Claims No. 1 As Erling Haaland Debuts". Forbes. Retrieved 2023-09-07.
  30. ↑ "Virat Kohli Joins Hyperice As Athlete-investor And Global Brand Ambassador". Forbes India. Retrieved 2023-09-07.
  31. ↑ PKWARE (2024-09-06). "Data Breach Report: August 2024 Edition". PKWARE. Retrieved 2024-12-16.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.