Web3 Security Company Hypernative Secures $16 Million in Funding

IconCryptoNewsTerminal Staff03 Sep, 2024

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Web3 Security Company Hypernative Secures $16 Million in Funding

Web3 Security Company Hypernative Raises $16 Million Web3 security company Hypernative has secured $16 million in a funding round led by blockchain security specialist Quantstamp. Other investors in the round included BlockTower Capital, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, and Seven Seven Six. The specific use of the funds was not disclosed. Hypernative provides a range of security solutions for Web3 applications and infrastructure, including threat intelligence, vulnerability management, and incident response. The company's platform is designed to help organizations identify and mitigate security risks in their Web3 environments. The funding will allow Hypernative to expand its team and develop new products and services. The company is also planning to launch a new incident response service later this year. About Hypernative Hypernative is a Web3 security company founded in 2021. The company's mission is to make Web3 more secure for everyone. Hypernative's platform is used by a range of organizations, including blockchain companies, cryptocurrency exchanges, and decentralized autonomous organizations (DAOs).