CertiK Raises $24 Mln In Its Series B Funding Round.

CertiK Raises $24 Mln In Its Series B Funding Round.

2021-08-17 | Big Bob

CertiK Raises $24 Mln In Its Series B Funding Round.

Blockchain cybersecurity startup CertiK raised $24 Mln in an extension of its Series B funding round led by Tiger Global as well as GL Ventures. The round brings CertiK’s total fundraising to over $70 Mln. Earlier in July, CertiK was able to raise around $37 Mln within a funding round co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures. The firm revealed that it's entering a stage of “hyper-growth” with the expansion of its team as well as development of security-focused tech. The blockchain and smart-contract security firm’s backers embody Binance, IDG Capital, Lightspeed Venture Partners as well as Yale University. The raise reflects the explosive growth in DeFi [Decentralized Finance], which runs on automated smart-contract code and decentralized exchanges, a number of which are subject to bugs and hacks.

Leave a comment

Your email address will not be published. Required fields are marked *

Top 7 cryptocurrency overview



Best trading tool for cryptocurrency

2022 Top cryptocurrency Price Prediction List