Press Release
Press Release Hexens, a cybersecurity boutique and blockchain startup, a leading Web3 venture capital firm announced that it has closed a $4.2 million seed round led by IOSG Ventures, a leading Web3 venture capital firm.
Other investors include Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, Polygon and other blockchain project angels.
HexenDisrupting products impact the ecosystem
Hexens has an impressive track record and industry recognition since its founding in 2021 Mudit Gupta – CISO of the most important EVM ecosystem – Polygon Technology completed just one collaborative iteration after completing just one collaborative iteration and joining the company’s Advisory Board.
Hexens’ approach to security is on its way to scale. Combining bold ideas with a vision of the broader Web3 market, the first product from the company is expected to launch in late 2023.
“Blockchain is one of the fastest growing areas and, as many believe, the future of money. Rapid growth poses huge cybersecurity risks, and as we are seeing today, the technology faces the risk that mass adoption cannot be achieved if the growing threat of cybercrime is not properly addressed.” Sipan Vardanyan, CEO of Hexens, said in a statement.
“The loss of $2 billion in crypto hacks in 2022 only shows the importance of thorough cybersecurity practices and the high demand for first-class cybersecurity services. We are pleased to partner with the talented Hexens team in their mission to make Web 3.0 a safer place. This team’s expertise in ZK technology will help ensure the next wave of innovation in the industry. Furthermore, the product Hexens is building has the potential to become the standard toolkit for each developer and security researcher in the blockchain space,” said Queenie, a partner at IOSG Ventures.
“Our unique methodology and technology, honed over a decade in the business of cybersecurity, gives us insight into what the early blockchain market needs. We will soon release our first product to help builders, security engineers, projects, companies, and the entire blockchain and ecosystem feel secure and safe.” Sipan added.
“Many companies today face a single point of failure while relying on technology to store assets on-chain. Our main goal is to set a new standard and raise expectations of what cybersecurity solutions can do.” Sipan also added that.
About Hexens
Hexens was founded by two multiple winners of the Capture the Flag contest. Sipan Vardanyan and Vahe Karapetyan Known in the professional environment by their nicknames Noyer and Kemio, after more than a decade of providing classic cybersecurity services in the Web2 industry, they have focused on blockchain technology, developing and implementing new security standards in this area and and decided to make the mass adoption of Web3 more accessible.
Hexens Security Audits
Hexens has several top-notch audit teams specializing in various areas of information security and performing extremely well on the most difficult and technically complex tasks, including (but not limited to).
“Many of our auditors and security engineers have scientific backgrounds in cryptography, computer science, and mathematics, as well as experience in Web2 security.
Given our recruitment approach and Hexens philosophy, we often refuse to audit simple ERC20 tokens or other non-complex projects.” The more complex the project, the more fascinating and exciting it is for us to audit.” – Vahe, CTO of Hexens.
Hexens Cybercrime Investigations {95
Besides security auditing, Hexens’ investigates and responds to security incidents.OSINT The Investigations Division, a multiple-time winner in the competition, combines expertise in on- and off-chain analytical techniques to deliver the most sophisticated cybercrime investigations available. In the past nine months, the Investigations Division has identified hackers, de-anonymized and returned more than $13m returned to their rightful owners.
“No matter how sophisticated your software is for on-chain research, it is only half the story. My team is made up of OSINT experts and former police detectives, and their experience allows us to achieve amazing results. – said Grant, Head of Investigations at Hexen.
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Constantin Andriotis
Chief Marketing and Operations Officer Person
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