Strong Backing for Security Startup

Web3 security startup, Shield, has raised $2.1 million in pre-seed funding, with $500,000 of the total being invested by a16z Crypto Startup School, a prestigious accelerator program.

The funding round saw participation from leading web3 VCs, angel investors, and cybersecurity experts, including Kraken Ventures, MH Ventures, Eterna Capital, Alchemy, Moonpay, NGC, and the CEO of Halborn, a leading web3 security company.

Shield aims to revolutionize web3 security by creating products that facilitate growth and innovation while maintaining top-notch security standards. The company's security stack currently protects over 350,000 users and boasts notable clients such as Fox Sports, Rarible, and Guild.xyz.

The founders, Emmanuel Udotong (Princeton University, ex-McKinsey), Luis Carchi (Princeton University, ex-Facebook), and Isaiah Udotong (MIT, Y-Combinator alumni), are backed by a team of industry-leading web3 investors and security experts. The team recognizes the intricate relationship between growth and security in the web3 space and has developed a product that embodies the philosophy that with Shield, security begets growth.

Shield is committed to delivering advanced security solutions for businesses across various industries worldwide, with a focus on addressing emerging threats. Businesses looking to secure their web3 projects can visit Shield's website, getshield.xyz, to learn more and schedule an audit today.

What is Shield:

Shield is a web3 security start-up that certifies web3 projects to ensure they maintain the highest security standards while fostering growth and innovation. Founded by a team of experienced professionals with backgrounds in top-tier technology companies and educational institutions, Shield offers a comprehensive suite of security solutions designed to protect and nurture the web3 ecosystem.

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