Web3 security company Cyvers has completed an $8 million seed round financing, led by Elron Ventures

ChainCatcher news, Israeli cybersecurity startup Cyvers has completed an $8 million seed round financing, led by Elron Ventures, with participation from Crescendo Venture Partners, Differential Ventures, and HDI.

It is reported that Cyvers provides plug-and-play security solutions for Web3 companies by leveraging domain expertise and geometric machine learning technology for real-time detection of security issues. The platform's clients include Bit2C, Solidus Capital, and CoinMama. (The Block)