GoPlus Security Raises $10 Million in Private Funding Round to Enhance Web3 Security

IconCryptoNewsTerminal Staff05 Jun, 2024

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GoPlus Security Raises $10 Million in Private Funding Round to Enhance Web3 Security

GoPlus Security, a leading Web3-native security platform, has announced the successful completion of its third private funding round, securing $10 million. The round witnessed the participation of notable investors such as OKX Ventures, HashKey Capital, Fenbushi Capital, Redpoint China Ventures, W3F Capital, Animoca Brands, Quantstamp, Undefined Labs, 7UpDAO, crypto influencer Ash Crypto, and Quantstamp founder Richard Ma. This latest funding round brings GoPlus Security's total funding to $10 million, including the proceeds from the two previous private rounds. The company intends to utilize the fresh capital to bolster its mission of building a user-centric and composable security layer for Web3. GoPlus Security's platform offers a comprehensive suite of security solutions tailored specifically for the unique challenges of the Web3 ecosystem, including real-time threat detection, account monitoring, transaction monitoring, and security analytics. The platform empowers users to protect their digital assets and mitigate potential risks, fostering a safer and more secure Web3 environment. As the Web3 landscape continues to evolve rapidly, the demand for robust security measures is paramount. GoPlus Security's latest funding round is a testament to the growing recognition of the importance of security in this burgeoning sector. The company's unwavering commitment to innovation and its focus on delivering best-in-class security solutions position it as a key player in shaping the future of Web3 security.