Blockchain security start-up CertiK lands $24m in Series B extension
New York-based blockchain security firm CertiK has raised $24 million in an extension of its Series B fundraise.
The firm has now raised more than $70 million in total
The “Series B+” investment was led by Tiger Global and GL Ventures and comes just one month after the firm’s $37 million Series B round co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures.
The firm has now raised more than $70 million since its inception in 2018.
CertiK utilises AI and formal verification technology to audit, monitor and secure blockchain protocols and smart contracts.
The company claims to have protected more than $90 billion worth of digital assets and detected more than 23,000 vulnerabilities in blockchain code for 1,300 enterprise clients.
It says the funding comes at a time of “hyper growth” for the firm as it looks to triple its global headcount in the next year.
CertiK adds the new funds will complement the launch of its Skynet Premium solution, an “active-monitoring platform” powered by machine learning tech that enables real-time threat detection alerts on live smart contracts.
