Sec3, a blockchain security firm that audits smart contracts among other services, raised $10 million in a seed funding round.
Multicoin Capital led the round, with Sanctor Capital and Essence VC participating, Sec3 announced Tuesday. Several angel investors, including Santiago Santos, a former ParaFi Capital partner, and Anatoly Yakovenko, co-founder of Solana, also joined the round.
As part of the deal, Multicoin Capital holds a board observer seat, Chris Wang, co-founder and president of Sec3, said in an interview. Sec3 began raising for the seed round in February last year and closed it in April but only decided to announce now as the firm was occupied building products, Wang said.
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