Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures

Web3 bug bounty and security services platform Immunefi has closed a $24 million Series A funding round, putting the company on track to scale its in-house capacity amid widespread vulnerabilities in the blockchain industry.

The funding round was led by the San Francisco-based venture firm Framework Ventures, with additional participation from Electric Capital, Polygon Ventures, Samsung (KS:) Next, P2P Capital and others. Immunefi said the capital would be used to hire staff as it scales to meet the growing demand for blockchain security and bug bounty services.

Continue Reading on Coin Telegraph

Source link