Immunefi Raises $24M Series A in Funding
Summary
Immunefi, a Singapore-based bug bounty and security services platform for web3, raised $24m in Series A funding. Led by Mitchell Amador, Founder and CEO, Immunefi is an bug bounty platform in web3 used by Chainlink, Wormhole, MakerDAO, Compound, Synthetix, and more. It boasts a community of whitehat hackers who review projects’ blockchain and smart contract code, find and responsibly disclose vulnerabilities, and get paid for making crypto safer. Since its inception in December 2020, the platform has saved over $25 billion in users’ funds and has paid out $60 million in total bounties. The solution now supports 301 projects across multiple crypto sectors, and collectively offers $136 million in bounties to whitehat hackers.
Funding
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