[Funding alert] CredShields Raises $1Mn Funding From Draper Associates

Cybersecurity platform CredShields has secured a $1 million strategic funding from Draper Associates.

The funding will expand the features of SolidityScan and guarantee that CredShields continues to lead the way in security for blockchain innovation.

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By improving SolidityScan's capacity, CredShields hopes to raise the bar for safety and trust in the field of blockchain and meet the growing need for strong security measures in the rapidly developing Web3 arena, as reported by bnnbreaking.

CredShields, which has raised a total of $1.8 million, is well-positioned to take the lead in improving Web3 security and making the internet a safer place for both consumers and companies.

CredShields' release of SolidityScan is a significant breakthrough in blockchain security. Using state-of-the-art technology, this novel solution automates the inspection of smart contract provisions. 

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About CredShields

CredShields is a cybersecurity company founded by Shashank and Indranil Roy to enhance Web3 security.