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# Israeli smart contract security firm Certora raises $36 million
- URL: https://www.techloy.com/israeli-blockchain-security-firm-certora-raises-36-million/
- Published: 2022-05-17T15:57:42.000Z
- Updated: 2022-12-08T00:39:54.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Blockchain, / Cybersecurity, Israel

[Certora,](https://www.certora.com/) an Israel-based smart contract security firm has raised $36 million in its Series B funding round to support the development and porting of its flaw-detection technology to new blockchains.

- The firm is helping developers detect and prevent security lapses before code is deployed.
- It is currently securing $50 billion in decentralised finance (DeFi) assets, it claims.
- Certora handles blockchains compatible with Ethereum Virtual Machine (EVM) and plans to expand to Solana and Polkadot.
- The funding round was led by Jump Crypto with participation from Tiger Global, Galaxy Digital, Electric Capital, ACapital, Framework Ventures, and CoinFund among others.