Immunefi Acquires Smart Contract Security Firm Klevoya
We’ve got a big announcement today: we’re officially acquiring smart contract security firm Klevoya for the purposes of expanding our security products and services team.
We’re building a coalition to secure the future of money, and the talent from Klevoya will help make that vision a reality.
Klevoya has years of hard-earned experience building static and dynamic analysis tooling. They’ve built software and cracked hardware under the most trying and demanding circumstances in Web3 and beyond. Their personal talent and advantageous skills are a rare combination.
At Immunefi, the Klevoya team will work on providing superior security products to the Web3 space.
“The Klevoya team has extensive experience building vulnerability scanning and prediction tooling and has built software for the most threatening and dangerous operational environments,” said Mitchell Amador, founder and CEO of Immunefi. “Bringing Klevoya onboard is a tremendous value add to the Immunefi team and will allow us to expand and accelerate our delivery of security products to DeFi protocols.”
“Immunefi is the leading team in the DeFi security space and at the absolute cutting edge of cybersecurity,” said Moti Tabulo, CEO of Klevoya. “We’re ecstatic to join Immunefi and look forward to releasing innovative products and services to keep DeFi safe.”
As the leading bug bounty and security services platform in DeFi with the world’s largest bounties, Immunefi has saved more than $2 billion dollars in user funds. Immunefi has also paid out more than $8 million dollars in bounties to legendary Web3 hackers. To date, we have $63 million dollars in rewards available for hackers to claim.
Immunefi’s community of proven whitehat hackers, war room and crisis management expertise, and industry-leading secure disclosure platform make Immunefi an essential part of the security stack for DeFi’s leading projects, such as Arbitrum, TheGraph, Polygon, Yearn Finance, PancakeSwap, SushiSwap, and many more.
With Klevoya joining the team, we move one step closer to our mission of making high-quality, decentralized financial products safe for everyone.