Blockchain Security Company Hexens Raises $4․2 Million in Seed Funding Led by IOSG Ventures – Press release Bitcoin News

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Blockchain Security Company Hexens Raises $4․2 Million in Seed Funding Led by IOSG Ventures

press releaseHexens, a cybersecurity boutique and blockchain startup, announced the closure of a $4.2 million seed round led by IOSG Ventures, the leading Web3 Venture Capital.

The Hexens approach to security is on its way to scale: combining bold ideas with an extensive Web3 market vision, the first products from the company will be available in late 2023. “$2B lost in crypto hacks only in 2022 shows the importance of thorough cybersecurity practices and the high demand for first-class cybersecurity services. We are excited to partner with the stellar Hexens team on the mission to make Web 3.0 a safer place. The team’s expertise in ZK technology positions them well to ensure the next wave of industry innovations.

“Today, many businesses face a single point of failure while depending on technologies that store assets on-chain. Our main goal is to set new standards and raise the expectations of what cybersecurity solutions could do.” Sipan also added., in the professional environment more known by their nicknames — Noyer and kemmio.

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