Blockchain cybersecurity startup CertiK raised $24 Mln in an extension of its Series B funding round led by Tiger Global as well as GL Ventures.
The round brings CertiK’s total fundraising to over $70 Mln.
Earlier in July, CertiK was able to raise around $37 Mln within a funding round co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures.
The firm revealed that it’s entering a stage of “hyper-growth” with the expansion of its team as well as development of security-focused tech.
The raise reflects the explosive growth in DeFi [Decentralized Finance], which runs on automated smart-contract code and decentralized exchanges, a number of which are subject to bugs and hacks.