Coincover Secures $30 Million in Funding Led by Foundation Capital

Coincover, a digital asset security firm, announced it has received $30 million in funding from a group led by Foundation Capital and including CMT Digital. The funding will be used to recruit new talent, improve products, and form new partnerships to strengthen the security of the crypto ecosystem.

Coincover was established in 2018 with the goal of increasing trust in digital assets. The company works with over 300 businesses, including exchanges, wallets, and banks, to provide proactive protection from both cyberattacks and human error.

Coincover offers a set of technologies for protection, security, and recovery of digital assets for both personal and corporate customers. The technology includes a proprietary Hack Checker that identifies suspicious activity, as well as disaster recovery services, a vault, insurance, technical expertise, training, testing, and high-security hardware.

Source

Fund Raising

Infrastructure

Related News
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Latest News More More
18 Hours Ago Daily Market Wrap | Aug. 08
1 Day Ago Daily Market Wrap | Aug. 07
2 Days Ago Daily Market Wrap | Aug. 06
3 Days Ago Daily Market Wrap: CFTC Crypto Push
4 Days Ago Daily Market Wrap: Project Crypto
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open