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Cyvers Raises $8 Million to Bring Security Solutions to Web3 Companies

Israel-based cybersecurity startup Cyvers raised $8 million in a seed round led by Elron Ventures. Other backers include Crescendo Venture Partners, Differential Ventures and HDI. 

Cyvers offers plug-and-play security solutions to a range of web3 companies through leveraging domain expertise and geometric machine learning technology to enable real-time detection of security issues.   

Customers of the platform include Bit2C, Solidus Capital and CoinMama, according to a release. 

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