- The extended Series B round came with a $2 billion valuation and was co-led by Insight Partners. Tiger Global and Advent International. Other participants in the round were Goldman Sachs, Sequoia Capital and Lightspeed Venture Partners.
- The round doubled CertiK’s valuation from the $80 million funding round in December, which was led by Sequoia Capital China.
- CertiK offers the Skynet active monitoring platform to protect blockchains from cyberattacks and the Security Leaderboard, a security ranking platform for blockchain platforms and decentralized finance apps.
- CertiK raised funds at an important time in blockchain security following the $625 million exploit of Ronin, the network behind popular crypto game Axie Infinity, which was disclosed last week.
Read more about
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.