June 05, 2024
GoPlus Security, a pioneering force in Web3 cybersecurity, recently marked the successful conclusion of its Private III funding round, securing a substantial $10 million investment. This capital infusion represents a significant stride toward their overarching goal of establishing a modular user security layer within the burgeoning Web3 ecosystem.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
GoPlus | $10M | June 05, 2024 | Series A – II | $25M | OKX Ventures | Security |
During this latest funding round, GoPlus attracted notable investors, including OKX Ventures, HashKey Capital, and Redpoint China, among others. This achievement builds upon their previous investment rounds, which totaled $25 million and were led by industry giants such as Binance Labs and Redpoint China in 2023.
At its core, GoPlus Network advocates for an open, permissionless, and user-centric approach to cybersecurity in the Web3 space. Their platform seamlessly integrates with various blockchains, empowering crypto network architects to enhance user safety and defend against security threats.
This infusion of capital is a significant step toward their overarching mission of erecting a modular user security layer for the burgeoning Web3 landscape. With this substantial investment, GoPlus is well-positioned to enhance its Modular User Security Layer, serving all blockchain networks and forming strategic partnerships with RaaS solutions like Altlayer. As the Web3 ecosystem evolves, GoPlus remains a trusted guardian, safeguarding user interests and reinforcing the crypto community’s integrity.
About GoPlus
GoPlus is a Web3 cybersecurity company that recently raised $10 million in a private financing round. Notable investors, including OKX Ventures, HashKey Capital, and Animoca Brands, participated in this funding1. GoPlus focuses on building a permissionless, modular Web3 security layer, seamlessly integrating with any blockchain network. Their mission is to enhance user safety and protect against cyber threats. Additionally, GoPlus plans to introduce a token, primarily used for gas fees and as an incentive for developers to engage with their services.
Website: https://gopluslabs.io/
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About Investor
Investor: OKX Ventures
OKX Ventures is the investment arm of OKX, the second-largest crypto exchange by trading volume and a Web3 technology company. Their focus is on exploring high-quality blockchain projects globally and supporting cutting-edge blockchain technology innovation1. Founded in 2021 and based in Singapore, OKX Ventures invests in companies operating in various sectors, including information technology, financial services, cryptocurrency, blockchain, and financial technology2. Their mission is to promote sustainable development across the entire industry while collaborating with passionate dreamers and founders to create value for the blockchain ecosystem
Location: Singapore
Website: https://www.okx.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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