Blockchain Security Startup BlockSec Raises $8 Million

favicon.icoBlockchain Security Startup BlockSec Raises $8 Million>
Security Week – Ionut Arghire
Blockchain security startup BlockSec has raised $8 million in a seed funding round co-led by Vitalbridge Capital and Matrix Partners, with participation from CoinSummer, Mirana Ventures, and YM Capital.

Founded in 2021, the China-based company aims to secure the blockchain infrastructure, to identify blockchain weaknesses, improve the security of decentralized applications, and prevent cyberattacks.

BlockSec, which claims to have already identified critical security issues in the Solana blockchain, intends to use the new funds to expand its research and production teams and to make its monitoring and attack prevention capabilities available to more decentralized applications.
Link: https://www.securityweek.com/blockchain-security-startup-blocksec-raises-8-million


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