The funding also brings CertiK's total valuation to nearly US$1 billion, and means the company has attracted total investment of just over US$140 million in three separate funding rounds since July, all of which Carey Olsen advised on.
The latest funding round was led by Sequoia Capital China and also secured backing from existing investors Tiger Global, Coatue Management and GL Ventures. It will allow CertiK to further expand its product suite, especially in the software-as-a-service (SaaS) market, with the company currently developing new SaaS products centred around security auditing, formal verification and the protection of client blockchain and smart contracts.
CertiK has seen its revenue grow by 20 times over the past year, while on the product front it has recently released Skynet, a 24/7 active-monitoring platform that detects and protects blockchains against sophisticated attacks.
Nick said: "CertiK continues to lead the way in the blockchain security space and we're incredibly proud at Carey Olsen to be helping the company continue on its journey."