Stelo Labs raises $6M in a16z-led round to help crypto wallet users protect themselves

Stelo Labs, a web3 security company, raised $6 million in a seed round led by Andreessen Horowitz, the company exclusively told TechCrunch.

The company was co-founded by Ben Scharfstein, CEO, and Aman Dhesi, CTO. Both have backgrounds in product management — Scharfstein worked at Google, and Dhesi held roles at Facebook, DoorDash and Square.

Stelo Labs’ goal is to make web3 “safe and understandable for everyone,” Scharfstein said. “When we think of what web3 can be and enable, it’ll be cut off at the knees if things aren’t safe.”

While there are a number of web3 security companies out there, Stelo Labs focuses on helping prevent malicious transactions, phishing and social engineering for Read Entire Article

© 2024 Thiratti. All rights reserved.