According to Chain Catcher news and reported by Sifted, cybersecurity company IriusRisk announced the completion of a $28.7 million Series B funding round, led by Paladin Capital, with participation from 360 Capital, Inveready, and Swanlaab Venture Factory. With the support of the new funding, IriusRisk aims to expand its business into the Web3 and blockchain sectors.It is reported that the security platform developed by IriusRisk helps enterprises identify potential threats in software and system design and propose countermeasures, thereby enhancing product security. Its founder De Vries stated that the next potential growth area in cybersecurity will be Web3 and blockchain technology. Although this is still an industry in its early stages, it is expected that regulatory and consumer demands for higher security will force more Web3 developers to establish threat models during the product creation process. (Sifted)