Yale and Columbia-linked Certik has secured $24m in additional funding, just one month after securing $37m in its series B round.
Certik, a US-based blockchain security technology developer co-founded by faculty at Yale and Columbia universities, has picked up $24m in a series B-plus round backed by Tiger Global and GL Ventures.
The round comes one month after Certik raised $37m in a series B round backed by cryptocurrency exchange Coinbase’s corporate venturing arm Coinbase Ventures, Coatue Management and Shunwei Capital.
Certik has launched a cybersecurity platform called Skynet Premium that actively monitors smart contracts and provides real-time alerts when potential threats are detected.
Pengfei Wang, partner at Tiger Global, said: “The meteoric rise of decentralised finance has given millions of people the opportunity to become their own bank.
“Yet for the innovations to be fully trusted, security must be the focal point. We are proud to support Certik in raising the standards of security with the rollout of Skynet Premium. The product pioneers a novel and critical sector of the market: antivirus for blockchain.”
Certik previously completed an $11m series A round a year ago, and has identified Yale University, currency exchange Binance and Legend Star, a subsidiary of conglomerate Legend Holdings, as existing investors along with IDG Capital, Lightspeed Venture Partners, Wing and DHVC.
