TechFlow news — Blockchain security company CertiK announced on November 30, 2021, the completion of an $80 million Series B2 funding round, once again setting a new record for the largest single investment in the blockchain security sector. The round was led by Sequoia Capital, with continued participation from existing investors including Tiger Global, Hillhouse Capital, Coatue Management, and Shunwei Capital. Within four months, CertiK has completed three funding rounds totaling over $140 million, achieving a near-$1 billion valuation.
Founded in 2018 by Professor Zhong Shao from Yale University and Chair of Yale's Department of Computer Science, along with Professor Ronghui Gu from Columbia University's Department of Computer Science, CertiK is a pioneer in blockchain security. Utilizing cutting-edge formal verification and AI-powered auditing technologies, CertiK scans and monitors the security of blockchain protocols and smart contracts. The company continuously launches SaaS products such as Skynet, delivering the highest level of security solutions to enterprises and users in the crypto world.
