TechFlow News — Fortanix, a cybersecurity and blockchain security tools developer, has announced the completion of a $90 million Series C funding round led by the Growth Equity team at Goldman Sachs Asset Management. Participants in the round include Giantleap Capital, Foundation Capital, Intel Capital, Neotribe Ventures, and In-Q-Tel. To date, the company has raised a total of $122 million.
In June this year, Fortanix launched two new software tools designed to protect blockchain users' digital assets from hackers and prevent erroneous transactions. Its Non-Custodial Warm Wallet allows cryptocurrency transfers only after user authorization and dual authentication. The other product, Ignite One-Time Signer, is a blockchain security tool that simplifies transaction verification and offers disaster recovery capabilities, enabling blockchain companies to recover more easily from technical issues such as infrastructure failures.Original link
