GoPlus Security Raises in Private II+ Funding to Fortify Web3 User Safety

GoPlus Security, a leading cybersecurity provider for the Web3 ecosystem, has successfully concluded its Series II+ private funding round, raising $4 million from a consortium of top-tier venture capital firms. This latest financial injection provides additional funding to a private round conducted in 2022  by Binance Labs. These resources will bolster GoPlus Security’s mission to enhance the Web3 experience, aiming to provide robust protection and peace of mind for millions of users across the globe.

GoPlus Security provides a security data infrastructure layer for Web3. In total,  $15M funding from several different rounds was led by major investment funds including Binance Labs, SevenX Ventures, Redpoint China Ventures, Avalanche, and Crypto.com. The latest investment provides follow-on funding to a private round conducted in 2022 that was led by Binance Labs.

GoPlus Security Co-Founder Eskil Tsu said: “This funding in our Private II+ round is not just a financial boost but a strong endorsement of our vision to redefine user security network in the Web3 space, in the Web3 way. I’m thrilled for the support and excited about the future we’re building together.”

GoPlus Security, with secured funding, is set to broaden its User Security Network. The goal is to develop a Web3 User Security Network that focuses on transparency and empowering users. This involves offering open-access security data that users can verify and trust, backed by a robust decentralized data and computing layer. Additionally, GoPlus is launching an end-user service platform named “SecWareX”, by engaging third party “User Security Service” like Harpio, Webacy, Kekkai, Trusta, Wallet guard, etc. Through these initiatives, GoPlus aims to become the leading provider of User Security Modules as a Service across various blockchains, essentially creating a foundational layer for Web3 user security.

About GoPlus Security

GoPlus is building a Web3 User Security Network that prioritizes transparency and user empowerment by providing permissionless security data and an end-user service environment. Goplus offers User Security Modules as a Service to any Chain. With a cutting-edge AI module we adopted into the tech architecture, Goplus has already served 10K+ partnerships with 21M+ User Security Data calls daily, supporting 20+ public chains.

Leveraging top notch advancements in Web3 defenses, GoPlus Security enhances safety with end user-focused services in “SecWareX” while empowering protocol User Security teams with “SecWare” advanced resources for developers. More facts about Goplus in the following:

• The utilization of GoPlus’s security data infrastructure has significantly increased, with a 5000-fold growth from 2022 to the present, and daily API calls reaching 21 million.
• The platform incorporates an AI-driven module to monitor Web3 security, offering real-time detection of risks associated with tokens, NFTs, and malicious activities. It evaluates over thirty risk parameters to dynamically address thousands of potential attack vectors.
• GoPlus provides a range of User Security Modules as a Service, supporting over 20 blockchain networks. This includes collaborations with Risk as a Service (RaaS) providers like Altlayer and partnerships with Layer 2 solutions such as zkSync, Manta, and Scroll.
• The introduction of new products, such as the “Secscan” security engine and Secware Middleware, marks steps towards a more decentralized approach in data and computing security.
• Plans are underway to launch SecWareX Planned in early March, aiming to offer users a customizable on-chain security experience. The GoPlus Token will serve as a utility token within this ecosystem, facilitating operations and expanding its utility.
• GoPlus continues to focus on Web3 security innovation and user-centric solutions. This includes encouraging participation from the community by allowing them to contribute as SecWare Service Providers, Data Providers, and Computing Node Providers, in exchange for GoPlus Tokens, thereby enhancing the overall User Security Network.