All Updates

All Updates

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Funding
Web3Firewall raises USD 2.5 million in pre-seed funding
Enterprise Blockchain Solutions
Apr 4, 2024
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Enterprise Blockchain Solutions

Enterprise Blockchain Solutions

Apr 4, 2024

Web3Firewall raises USD 2.5 million in pre-seed funding

Funding

  • Web3Firewall, a blockchain security and compliance solutions provider, has raised USD 2.5 million in a pre-seed funding round led by Laser Digital, gumi Cryptos Capital (gCC), and SPEILLLP.

  • The company plans to complete the beta testing phase of its flagship platform and launch it publicly in the second quarter of 2024.

  • Web3Firewall offers an AI-powered platform that enables users to predict and prevent fraudulent and illicit transactions before they occur. The platform provides a no-code workflow engine for users to create and deploy compliance policies and automate related processes, as well as a range of pre-built risk categories and compliance frameworks for users to simulate the behavior of transactions. Moreover, users can protect sensitive data via the platform’s AI-powered encryption solution.

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