Shield, a Los Angeles, CA-based security company focused on protecting users from online scams, raised $2.1M in Pre-Seed funding.
Backers included Kraken Ventures, Eterna Capital, Alchemy, and Moonpay.
The company intends to use the funds to expand its development efforts to enhance Web3 security standards.
Co-founded by Luis Carchi (Princeton University, Ex-Facebook), Isaiah Udotong (MIT, Y-Combinator alumni), and Emmanuel Udotong (Princeton University, ex-McKinsey), Shield is a blockchain security startup helping organizations adopt comprehensive security measures to prevent cryptoexploits and increase user trust across the ecosystem. It offers a suite of security solutions designed to protect and nurture the digital ecosystem.
Its security stack can be integrated on any product via the API and protects 350,000+ users, while boasting clients like Fox Sports, Rarible, and Guild.xyz.
FinSMEs
24/04/2023