It was around this time last year that we reported on Immunefi – one of the emerging bug bounty and security services platforms for DeFi – had raised $5.5 million in funding. Given that almost $2 billion has been lost to hacks and scams in crypto so far this year, it would seem this was a pretty low investment.
And sure enough, it was. Because Immunefi has now raised $24 million as part of its Series A. The round was led by Framework Ventures. Other investors include Samsung Next, Electric Capital, and Polygon Ventures. That bring its total now raises to $29.5 million.