Certora, 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.