Cybavo Raises $4M in Pre-A Funding
- Cybavo, a Singapore-based blockchain security solution provider, raised $4m in Pre-A funding round
- The round was co-led by 500 Startups, H&D Asset Management Company and New Economy Ventures
- Other companies and investors from Taiwan, Silicon Valley, Singapore, Hong Kong and Japan also participated in the round
- The company intends to use the funding to accelerate expansion in the East Asian, European, and North American markets
- The company provides blockchain security solutions in Asia Pacific to enterprise customers such as cryptocurrency exchanges, fund management companies
- The company, insured by S&P AA-rated global reinsurance company, holds certifications for ISO 27001 and NIST’s Cryptographic Module Validation Program
