Web3 security company Spearbit completes $7 million financing, led by Framework

2023-08-10 21:12:34

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ChainCatcher news, according to TechCrunch, Web3 security company Spearbit has completed a $7 million funding round, led by Framework Ventures, with participation from Nascent, 1kx, Volt Capital, Breed VC, and Robot Ventures. The funds will be used to build Cantina (an open market for Web3 security auditors) and to hire more software engineers to automate service and product market workflows.

According to the crypto data platform RootData, Spearbit previously announced the completion of a $1.5 million Pre-Seed funding round in February 2022, with investments from 1kx and others.

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