Web3 security startup Blockaid raises $33 million, with participation from Sequoia Capital

Blockaid, a Web3 security startup co-founded by two former Israeli military cyber intelligence officers, has raised $33 million in funding. This round of financing is divided into two rounds: a US$6 million seed round and a US$27 million Series A financing. Seed round investors include Sequoia Capital, Greylock Partners and Cyberstarts; all three investors, as well as co-leads Ribbit Capital and Variant, participated in the Series A round. Blockaid was founded in September 2022 by Ben-Natan and his former colleague Raz Niv. The two previously worked in the cybersecurity research and development team of Unit 8200, the Israeli military’s cyber intelligence unit, and in the Israeli Prime Minister’s Office. (The Block)