Hypernative, an Israeli company based in Herzeliya that offers web3 devolpers a platform of AI-powered security products, has secured $16 million in Series A funding.
Leading the round, which raised a total of $27 million, was Quantstamp, with involvement from some angel investors, Bloccelerate VC, Borderless Capital, CMT Digital, IBI Tech Fund, Knollwood Investment Advisory, and Re7 Capital.
With the money, the business plans to enlarge its workforce, create a Web3 security network, penetrate new security stack verticals, reach a wider audience worldwide, and make real-time monitoring and reaction a regular part of security procedures.
Under the direction of CEO Gal Saige, Hypernative offers a real-time monitoring, risk detection, and automated response system that accurately identifies most assaults and allows customers critical minutes to react before vulnerabilities cause harm.
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Currently, it is used for security in over 100 Web3 projects, such as Uniswap, Balancer, Blockdaemon, Chainalysis, Chainlink, Circle, Consensys, Ethena, Etherfi, Fidelity, Galaxy, Linea, Quantstamp, Solana, and Starknet.
In order to discover the widest range of dangers in the industry across several categories, Hypernative Platform has tripled its network coverage to over 40 chains in the last year and introduced hundreds of additional detectors.
The group has also introduced Hypernative Screener, which accurately detects threats before allowing transactions, and Hypernative Security Oracle, a precision inline solution for preventing attackers without impairing the experience for other users.
About Hypernative
Hypernative prevents zero-day cyberattacks, economic and governance issues, and severe losses for digital assets managers, protocols, and Web3 apps
