Blockchain cybersecurity startup CertiK raised $24 million in an extension of its Series B funding round that was led by Tiger Global Management and GL Ventures.
- The round brings CertiK’s total fundraising to more than $70 million.
- In July, CertiK raised $37 million in a funding round that was co-led by Coatue Management and Shunwei Capital with participation from Coinbase Ventures.
- The firm said it is entering a stage of “hyper-growth” with the expansion of its staff and development of security-focused technology.
- The blockchain and smart-contract security firm’s backers include Binance, IDG Capital, Lightspeed Venture Partners and Yale University.
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.