GoPlus Security will seek to use the funds to expand its technology and hire more team members.
Binance Labs Leads Fundraising Round II
GoPlus Security has been confirmed to receive support from Binance Labs for a second round of private fundraising. The GoPlus security team will focus on team expansion and technical improvements in their next steps.
Binance Labs confirmed in a Dec. 7 press release (PR) that it will support GoPlus Security as it prepares to launch its security services marketplace by the end of 2022.
“The GoPlus security team has three key goals to move forward with the next phase of development, further expanding the coverage of the GoPlus security API, building the security services platform and security services marketplace, and building a decentralized security infrastructure,” Eskil, co-founder of GoPlus Security said in the PR.
GoPlus Security plans to use the funding to develop technology for a new security services market and to continue growing and expanding the team. Co-founder Eskil expressed his delight at having a company like Binance Labs join his second round of fundraising.
“The team is in the phase of onboarding 20 different types of security services and solutions and further decentralizing the security service by using modular blockchain or ZKP technology. We are excited to be partnering with Binance Labs on this journey,” added Eskil.source
GoPlus Security is a Web3 security infrastructure project that uses multidimensional risk detection to build a more secure Web3 environment for thirteen major blockchain networks.
GoPlus Security uses a real-time and automatic security detection platform covering over 2 million daily data views that protect blockchain assets from malicious activity.
“Security is fundamental to the ever-expanding Web3 ecosystem and community,” added Yi He, Binance co-founder and Binance Labs leader. “By supporting consumer-centric solutions like GoPlus Security, we hope to see how end-user security services can evolve and thrive. ”
No investment figure was confirmed in the press release.
What is Binance Labs:
As the venture capital arm and accelerator of Binance, Binance Labs is constantly on the lookout for the next big Web3 innovation. Since 2018, Binance Labs has invested in more than 200 projects from 25 countries. It has also incubated more than 50 projects native to Web3 through the Binance Labs Incubation Program, including Polygon, Perpetual Protocol, and Dune Analytics. As of August 2022, Binance Labs is the industry’s largest crypto VC by Asset Under Management (AuM) of $7.5 billion with a multiple on invested capital (MOIC) of 21.0x.
Where can I find Binance Labs:
Website | Twitter |
What is GoPlus Security:
GoPlus Security builds a Web3 security infrastructure by providing open, permissionless, user-driven security services. It is a dynamic and real-time automated security detection platform including Token Security API, NFT Security API, Malicious Address API, Approval Security API, Contract Security Detection Platform, dApp Security Info API and Signature Data Decode API with 2-3 million data calls every day. GoPlus went live on our Security Services Marketplace in November 2022.
Where to find GoPlus Security:
Website | Twitter | Medium | LinkTree |
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