Web3 development tool provider Cubist has completed a $7 million seed round financing, led by Polychain Capital

ChainCatcher news, according to The Block, Web3 development tool provider Cubist has completed a $7 million seed round financing, led by Polychain Capital, with participation from Dao5, Polygon, Amplify Partners, and Axelar. The funds will be used for hiring, as well as expanding and promoting the SDK.

It is reported that Cubist was co-founded by former fraud operations expert Ann Stefan and computer security professors Riad Wahby, Fraser Brown, and Deian Stefan, who have taught at institutions such as Carnegie Mellon University and the University of California, San Diego. Its long-term goal is to provide a set of security-focused tools that developers can use when deploying decentralized applications. (Source link)