Tiger Global backs CertiK in $24m Series B+ round

The smart-contract security auditing startup CertiK raised $24 million in a Series B+ round led by Tiger Global and GL Ventures.

We’ve just raised $24m in Series B+ funding 🎉

The funds will be utilised to expand our rapidly growing team, continue to innovate in #crypto #security, and to achieve our vision of provable trust for all! 💪

Thank you for your continued support! 🙌https://t.co/VnS8UpERWT

— CertiK (@certik_io) August 17, 2021

The team will deploy the funds to expand staff and advance security-focused technologies.

Earlier CertiK closed a financing round of $37 million with the participation of hedge fund Coatue Management, Shunwei Capital, and the venture arm of the Bitcoin exchange Coinbase. In total since its founding the startup has raised $70 million.

Earlier Tiger Global invested $25 million in the Indian cryptocurrency trading platform CoinSwitch Kuber. The investment firm also owns 2.6 million shares of Coinbase.

Follow ForkLog news on Facebook!