Bug Bounty Platform Immunefi Raises $24M in Series A Led by Framework Ventures

Bug bounty platform Immunefi announced that it has raised $24m in Series A funding round led by Framework Ventures, with participation from Electric Capital, Polygon Ventures, Samsung Next and others. The fund raised will be used to expand the team. Immunefi focuses on bug bounty and security services for Web3 projects. It said that it has paid out $60m in total bounties, and supports over 300 projects since its launch.