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[Blockchain Today Correspondent Lee Ji-eun] CertiK, a global blockchain security firm, has completed an investment round of $80 million backed by cryptocurrency’s largest venture fund, which will soon reach a high valuation of $1 billion. .
According to a Cointelegraph report on the 1st (local time), Certic said, “The Series B2 investment round was led by California-based venture fund Sequoia, and was led by Tiger Global, Coatue Management and GL Ventures has additionally participated.”
In the startup world, Series B or B2 financing refers to the secondary financing of a business through private equity or venture capital. “It has raised more than $140 million in the past four months, bringing it close to $1 billion today,” Certic said.
According to the company’s co-founder, Professor Ronghui Gui, the fundraising will be used to further expand its offerings at Certic, particularly in the Software-as-a-Service (SaaS) market. Certic is currently developing new software-as-a-service products with a focus on security auditing, formal verification, and client blockchain and smart contract protection.
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