TechFlow News — Coincover, a provider of digital asset protection and insurance, has raised $30 million in a funding round led by Silicon Valley-based Foundation Capital. The funds will be used for talent acquisition, product development, and pursuing new partnerships. Coincover offers asset protection solutions to enterprises, infrastructure providers, and consumers to mitigate losses from hacking or human error.
The company collaborates with over 300 businesses, including cryptocurrency custodian Fireblocks and exchange platform Bitso. In July 2021, Coincover secured $9.2 million in a Series A round led by Element Ventures, with participation from DRW Venture Capital and Susquehanna Private Equity Investments. Source link
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