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Blockchain Security Firm CertiK Raises $24M in Funding Round
The company has now raised more than $70 million.
Blockchain cybersecurity startup CertiK raised $24 million in an extension of its Series B funding round that was led by Tiger Global Management and GL Ventures.
STORY CONTINUES BELOW
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- The round brings CertiK’s total fundraising to more than $70 million.
- In July, CertiK raised $37 million in a funding round that was co-led by Coatue Management and Shunwei Capital with participation from Coinbase Ventures.
- The firm said it is entering a stage of “hyper-growth” with the expansion of its staff and development of security-focused technology.
- The blockchain and smart-contract security firm’s backers include Binance, IDG Capital, Lightspeed Venture Partners and Yale University.
- The funding reflects the explosive growth in decentralized finance (DeFi), which runs on automated smart-contract code and decentralized exchanges, some of which are subject to bugs and hacks.
Read more: Blockchain Security Firm CertiK Raises $37M in Series B Fundraising
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
