5BTC or 111% + 111 Free Spins!
New players only. Exclusive 111% Welcome Bonus + 111 Free Spins
With the help of Quantstamp, Hypernative was able to raise $16 million in its Series A fundraising round. In addition, Bloccelerate VC, Boldstart Ventures, Borderless Capital, and CMT Digital contributed to this round. Hypernative’s total capital now stands at $27 million thanks to this additional funding, which paves the way for important developments in Web3 security.
Launched in September 2022, Hypernative’s state-of-the-art platform is intended to offer Web3 projects real-time monitoring and threat detection. The company’s goal is to eradicate vulnerabilities and hackers by improving security mechanisms inside the Web3 ecosystem. Prominent customers gaining from Hypernative’s technologies comprise of Uniswap, Chainlink, and Balancer.
In a recent blog post, Hypernative shared its strategy for utilizing the Series A funding. The company plans to expand its AI-driven security solutions and explore new industry applications. Hypernative’s platform is engineered to detect and respond to threats instantly, having successfully identified 99.5% of attacks in the past year with few false positives.
“To make Web3 hacks a thing of the past, we need to combine smart contract audits and bug bounties with an active security component,” said Gal Sagie, CEO and co-founder of Hypernative. He emphasized that the support from prominent Web3 projects underscores Hypernative’s pivotal role in enhancing digital security.
The additional capital will also support Hypernative’s efforts to refine its threat detection features and strengthen its global presence. The company is committed to addressing the growing need for robust security measures as blockchain technology evolves and becomes more integral to various industries.
By securing this latest round of funding, Hypernative aims to set new standards for Web3 security and continue its trajectory as a leading force in protecting digital assets and projects.