Web3 security company Shield completes $2.1 million Pre-Seed funding round

2023-04-21 07:57:55

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ChainCatcher news, Web3 security company Shield announced the completion of a $2.1 million Pre-Seed funding round, with investors including Kraken Ventures, Eterna Capital, Alchemy, Moonpay, Bessemer Ventures DAO (Steel DAO), Orange DAO, NGC Ventures, Wagmi Ventures, MH Ventures, Coinswitch, 2Punks Capital, Lecca Ventures, and Very Serious Ventures. Angel investors participating in the funding include Rob Behnke, Peter Liebert, Vijay Maharajan (founder of Bitscrunch), as well as angel investors from Coinbase, Google, Microsoft, and FireEye.

Shield stated that it has received funding from the a16z Crypto Startup School accelerator. Shield aims to help organizations implement comprehensive security measures to prevent crypto exploits and increase user trust across the ecosystem. Shield's threat detection software can be directly integrated into any platform via API or integrated as a security bot in Discord for online communities. (Source link)

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