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Mamori, a Web3 Security Firm, secures $5 Million in Seed Funding Led By Blockchain Capital


Web3 Security

July 01, 2024


Mamori, a web3 Security Firm, has secured $5 million in seed funding led by Blockchain Capital. The funding round saw participation from Velocity Capital and Web3.com, along with angel investors such as Grigore Rosu, Daniel Lubarov, Alex Watts, Bo Du, Shujia Liang, Micheal Heinrich, and Antonio Viggiano.


Project

Latest Raise

Latest Raise Date

Stage

Total Raise

Lead Investor

Category

Mamori

$5M

July 01, 2024

Seed

$5M

Blockchain Capital

Web3

Mamori is focused on enhancing web3 security by creating an algorithm capable of detecting problems in blockchain-based software. The software does not depend on previous knowledge of how exploits functioned; rather, it attempts to identify potential exploits by extracting value from the blockchain-based software.


About Mamori

Mamori is a San Francisco-based company that offers an all-in-one data security and privacy solution. It integrates Zero Trust Network Access (ZTNA), Two-Factor Authentication (2FA), Database Activity Monitoring (DAM), Privileged Access Management (PAM), SQL Firewall, and data privacy solutions. The Mamori server brings together a robust set of security and data privacy controls, which can be customized according to the user’s needs.


The company’s vision is to protect all resources from ransomware and unverified access, and it offers protection for SSH, RDP, database, and data from unverified access & operations. It also aims to protect applications, APIs, and application data from unverified access and operations.


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About Investor

Investor: Blockchain Capital

Blockchain Capital, founded in 2013 by brothers Paul Bartlett Stephens and William Bradford Stephens, is a venture capital firm based in San Francisco, California. It was the first venture capital firm exclusively focused on investing across the blockchain ecosystem. The firm is sector-specific but invests at multiple stages, seeking to gain diverse exposure to the blockchain economy.


The company has pioneered the world’s first tokenized investment fund and the blockchain industry’s first security token, the BCAP. Blockchain Capital has financed over 170 companies and projects since its inception, including notable category leaders such as Opensea, Kraken, Ethereum, and Coinbase.


Location: San Francisco, CA




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