Blockchain Security Firm CertiK Confirms $88M Raise at $2B Valuation

2 years ago
  • The extended Series B circular came with a $2 cardinal valuation and was co-led by Insight Partners. Tiger Global and Advent International. Other participants successful the circular were Goldman Sachs, Sequoia Capital and Lightspeed Venture Partners.

  • CertiK offers the Skynet progressive monitoring level to support blockchains from cyberattacks and the Security Leaderboard, a information ranking level for blockchain protocols and decentralized finance.

  • CertiK raised funds astatine an important clip successful blockchain information pursuing the $625 cardinal exploit of Ronin, the web down fashionable crypto crippled Axie Infinity, which was disclosed past week.

DISCLOSURE

The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.

Brandy covers crypto-related task superior deals for CoinDesk.


Sign up for Market Wrap, our regular newsletter explaining what happened contiguous successful crypto markets – and why.

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source