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Blockchain News

Certik Raised $24M in The Second Round of B+ Fundraising

The company is confident in creating a trustable environment for everyone as they have protected $90 billion worth of crypto assets.

Written By Jahnu Jagtap
Published August 18, 2021 11:32 AM·Updated 1 year ago
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Certik Raised $24M in The Second Round of B+ Fundraising

Brief:

  • Certik has raised total amount of $70M fund in its series B funding round. 
  • An Errorless Blockchain contract will be the priority for the firm

Certik has become a headline of many news agencies as it has raised $24M in the second round of B+ fundraising. According to the firm, this achievement will help in team expansion in the future. This is to say, it will boost innovation in blockchain security.

According to officials, the collection of the $70M fund will enhance their growth and provide balance for the next few years. They have also added that it will also assure security in blockchain.

The partner of Tiger Global, Pengfei Wang, quoted that “The meteoric rise of decentralized finance has given millions of people the opportunity to become their own bank, Yet for the innovations to be fully trusted, security must be the focal point. We’re proud to support CertiK in raising the standards of security with the rollout of Skynet Premium. The product pioneers a novel and critical sector of the market: antivirus for blockchain.”

Skynet Premium: Antivirus for Blockchain

Skynet Premium is the latest development in the firm, after the collection of funds. It is the first real-time active monitoring platform, which provides real-time alerts on live smart contracts which have already been programmed in the blockchain. 

An analytic dashboard shows the real-time risk to their clients and allows them to calculate the risk. The most crucial part of this innovation is the 24/7 access of the Security leaderboard for the community and everyone else.

Also Read: Mobilecoin Raises $66 Million in The Series B Funding Round

The company is confident in creating a trustable environment for everyone as they have protected $90 billion worth of crypto assets. Also, they have successfully detected 23,000 errors in blockchain code and are still counting. Certik applauded the Crypto community for trusting them.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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