Blockchain Security Firm CertiK Just Raised $88M, SEC Docs Show

2 years ago

Blockchain cybersecurity institution CertiK has raised astir $88 million successful an equity offering, according to a caller regulatory filing connected Thursday. CertiK declined to supply details connected the filing erstwhile contacted by CoinDesk.

The day of archetypal merchantability for the offering was March 23. The full magnitude sold successful the offering was $87,999,975 from 15 investors.

CertiK offers the progressive monitoring level Skynet, which detects and protects blockchains from cyberattacks. The institution besides offers the Security Leaderboard, a information ranking level for blockchain protocols and decentralized finance.

CertiK announced an $80 cardinal backing round past December astatine a $1 cardinal valuation. The round, led by Sequoia Capital China, had been the company’s 3rd circular of financing wrong 4 months.

The timing of the latest backing circular whitethorn beryllium opportune. A $625 cardinal exploit of Ronin, the web powering fashionable crypto crippled Axie Infinity, was disclosed earlier this week.

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Brandy covers crypto-related task superior deals for CoinDesk.


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