Israeli security platform Blockaid Today, it announced the completion of a $ 50 million financing tour, led by Ribbit Capital, with the participation of Google Ventures and current investors, including Variant and the first seed investor, Cyberstarts. Blockaid, which protects the largest companies that build onchain, including Coinbase, Metamask, Stellar, UniswAP and World App, will be used new money to expand operations, research and development to keep pace with the demand.
The company, which includes 70 employees in its offices in Israel and New York, raised $ 27 million in the financing round of the series A and raised a total of $ 83 million since its foundation.
Since its launch in October 2023, Blockaid has quickly established itself as a standard for ONSAIN, where he received more than $ 101 billion of assets and prevented more than $ 5.3 billion from potential losses. In 2024, the company outperformed its revenue goals amid the demand for comprehensive Blockchain security solutions.
The company was founded by CEO Edo Ben Natan and CTO RAZ NIV.
Bin Natan said, “With the continued growth of Defi, technology can technology such as Stripe and major institutions such as JP Morgan, Fidelity and UBS, where Blockaid is placed to be a preferred cybersecurity solution to secure all Onchain reaction. In Blockchain itself is safe, ONChain applications and users who are users who are They interact with them exposed At risk.
Blockaid offers four main advantages: Exclusive access to the largest group of transactions data in actual time through direct integration operations with the most used web3 governor; Advanced advanced automatic learning models for a comprehensive detection of threats; Internet monitoring that determines risks before reaching Blockchain; And the only safety platform to one to the party that provides in the actual time protection for both the interior teams and the final users
In 2024, the company wiped more than 2.4 billion transactions; Received more than 787 million DAPP connections; More than 101 billion dollars of user's money; Discover and prohibit more than 71 million attacks; It identified more than 15 million harmful.
“The second half of 2024 witnessed 8.5 trillion dollars in the volume of Stablecoin transactions through 1.1 billion transactions, while the major financial institutions launched their encryption offers. With the acceleration of Blockchain adoption and new retail investors enter the market, it is a comprehensive safety. This investment will help us to continue our capabilities to learn and expand our offers Current to stay in the forefront in a very aggressive scene of development threats. “
It was published by Globes, Israel Business News – En.globes.co.il – on February 18, 2025.
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