TechFlow news: Web3 security startup Blockaid has announced it has raised $33 million in funding. The financing is divided into two rounds: a $6 million seed round and a $27 million Series A round. Seed investors include Sequoia Capital, Greylock Partners, and Cyberstarts. All three investors, along with co-leaders Ribbit Capital and Variant, also participated in the Series A round.
Blockaid was co-founded by Ben-Natan and Raz Niv, two former Israeli military cyber intelligence personnel. Both previously served on the cybersecurity R&D team of Unit 8200, Israel's military signals intelligence unit, as well as in the Office of the Prime Minister of Israel. Blockaid provides web3 security tools designed to help prevent crypto fraud, phishing, and hacking attacks.
