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.

Sec3, formerly Soteria, is also publicly launching its products today. Until now, the firm only served private clients. Sec3 offers four products —Launch Audits, X-Ray, CircuitBraker and WatchTower — that work across project stages. Sec3 currently only serves projects in the Solana ecosystem, where its clients include Helium Network, Metaplex and Tulip.

Sec3's Launch Audits product helps projects examine if their smart contracts are ready to launch on mainnet. Its X-Ray product continuously analyzes smart contracts to prevent future vulnerabilities. WatchTower, on the other hand, monitors on-chain transactions for malicious activity.

Looking ahead, Sec3 also aims to launch its own token to decentralize its operations.