TechFlow news: Web3 security company Stelo announced it will discontinue all Stelo product services on October 31, 2023, including the Stelo extension, stelo.com, approvals.xyz, and the Stelo API.
The team stated that misjudgments regarding market size, competitive landscape, and market maturity led their products to fall short of expectations. They have recommended users download a series of alternative security products.
Earlier in February, Web3 security company Stelo Labs raised $6 million in a seed funding round led by a16z.




