Hypernative Secures $40M Series B Funding for Blockchain Security

The blockchain industry faces significant security challenges, with billions lost in recent exploits. Ten Eleven Ventures has announced a $40 million Series B investment in Hypernative, a company offering real-time security solutions for the blockchain environment. Hypernative's platform acts as a Web3 EDR with advanced detection and automated mitigation. The platform's success is reflected in its client roster, including Uniswap, Solana, and eToro, as well as its performance metrics, such as detecting 98% of attacks before they occur and preventing potential losses of $2 billion. Led by co-founders Gal Sagie and Dan Caspi, Hypernative aims to revolutionize blockchain security, driven by its leadership's strategic vision and technological innovation. This investment is supported by Ballistic Ventures and highlights Ten Eleven Ventures' commitment to advancing technology while ensuring safety and trust in the digital age.