Web3Firewall has successfully closed a $2.5 million pre-seed funding round, with Laser Digital leading the investment. Other participants in this funding round include gumi Cryptos Capital and SPEILLLP, a member of Susquehanna International Group.

Founded by Dr. Samer Fayssal in 2023, who previously served as the chief information security officer at BitGo, Web3Firewall aims to provide an integrated risk and compliance platform tailored for blockchain and digital asset companies.

The platform is designed to cater specifically to firms operating in decentralized finance (DeFi), nonfungible tokens (NFTs), and decentralized autonomous organizations (DAOs). Web3Firewall plans to launch its platform in the second quarter of this year, offering real-time threat detection, prevention, and response capabilities. These features will be powered by advanced AI and machine learning technologies, enhancing security measures for blockchain-based businesses.

The successful completion of this pre-seed funding round demonstrates investor confidence in Web3Firewall's innovative approach to cybersecurity within the blockchain and digital asset space. With this new capital, the company is poised to accelerate its platform development and expand its reach, providing essential security solutions to a rapidly growing industry.