Blockchain Security Company Hexens Raises $4․2 Million in Seed Funding Led by IOSG Ventures

PRESS RELEASE. Hexens, a cybersecurity boutique and blockchain startup, announced the closure of a $4.2 cardinal effect circular led by IOSG Ventures, the starring Web3 Venture Capital.

Other investors see Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, and angels from Polygon and different blockchain projects.

Hexens disrupting products interaction the ecosystem

Since Hexens was founded successful 2021, it has had an awesome way grounds and designation successful the industry: Mudit Gupta – CISO of the astir important EVM Ecosystem – Polygon Technology, joined the institution advisory committee aft completing conscionable a azygous practice iteration.

The Hexens attack to information is connected its mode to scale: combining bold ideas with an extended Web3 marketplace vision, the archetypal products from the institution volition beryllium disposable successful precocious 2023.

“Blockchain is 1 of the fastest increasing fields and, arsenic galore believe, the aboriginal of money. Fast maturation brings immense cybersecurity risks, and arsenic we spot it now, the exertion faces the hazard of not achieving wide adoption if we bash not code the rising threats of cybercrime appropriately.” Sipan Vardanyan, the CEO of Hexens, said successful a statement.

“$2B mislaid successful crypto hacks lone successful 2022 shows the value of thorough cybersecurity practices and the precocious request for first-class cybersecurity services. We are excited to spouse with the stellar Hexens squad connected the ngo to marque Web 3.0 a safer place. The team’s expertise successful ZK exertion positions them good to guarantee the adjacent question of manufacture innovations. Moreover, products being built by Hexens person the imaginable to go a modular toolkit for each developer and information researcher successful the blockchain space,” said Queenie, the spouse astatine IOSG Ventures.

“Our unsocial methodologies and techniques that we person sharpened implicit a decennary of concern successful cybersecurity alteration america to spot what the premature blockchain marketplace needs. We volition soon merchandise our archetypal products to assistance builders, information engineers, projects, companies, and full blockchains and ecosystems person bid of caput and enactment safe.” Sipan added.

“Today, galore businesses look a azygous constituent of nonaccomplishment portion depending connected technologies that store assets on-chain. Our main extremity is to acceptable caller standards and rise the expectations of what cybersecurity solutions could do.” Sipan besides added.

About Hexens

Hexens was founded by 2 multiple-time Capture the Flag contention winners: Sipan Vardanyan and Vahe Karapetyan, successful the nonrecreational situation much known by their nicknames — Noyer and kemmio. After much than 10 years of providing classical cybersecurity services successful the Web2 industry, they decided to absorption connected blockchain technologies to make and instrumentality caller information standards successful the field, bringing Web3 wide adoption person than it is.

Hexens information audits

Hexens has multiple top-notch auditing teams specialized successful antithetic fields of accusation security, showing utmost show successful the astir challenging and technically analyzable tasks, including but not constricted to: Infrastructure Audits, Zero Knowledge Proofs / Novel Cryptography, DeFi, and NFT.

“Most of our auditors and information engineers person a technological inheritance successful cryptography, machine science, oregon math, unneurotic with previous, let’s telephone it, Web2 information experience.

Considering our recruitment attack and Hexens’ philosophy, we often garbage to audit elemental ERC20 tokens oregon different non-complex projects: the much analyzable the project, the much charismatic and breathtaking it is for america to audit.” – Vahe, the CTO of Hexens.

Hexens cybercrime investigations

Besides information audits, Hexens’ besides investigates and responds to information incidents. Multiple-time OSINT contention winners are the constituents of the probe department, with combined expertise successful some on-chain and off-chain investigation techniques to present the astir blase cybercrime investigations. Within the past 9 months, the investigations section identified and de-anonymized hackers and returned assets worthy much than $13m to their rightful owners.

“No substance however blase the bundle is utilized for on-chain investigations, it’s lone fractional of the story: the different fractional comes to manual investigation of off-chain data. My squad consists of OSINT specialists and ex-police detectives, and their acquisition permits america to execute astonishing results.” – Grant, Head of Investigations of Hexens, said.

Press contact

Konstantin Andriotis

Chief Marketing and Operations Officer

[email protected];

+37498212380

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