Singapore--(Newsfile Corp. - September 20, 2022) - Salus Security announced the completion of its seed funding round, led by Binance Labs. Geekcartel also participated in this round. Salus Security will use the funds raised to expand its team and drive the technological development of its products.
Salus Security is an all-rounded blockchain security company, providing services such as automated smart contract audits and manual vulnerability detection. The team is experienced in both traditional and blockchain security, and aims to make security services accessible for all.
Yi He, Co-Founder of Binance and Head of Binance Labs, said, "At Binance, security has always been a priority and we're on the continued lookout for service projects that offer innovative security solutions to resolve pain points currently facing the blockchain ecosystem. The technological competitiveness of Salus Security will drive the quality of security solutions in the Web3 sector."
Backed by its machine learning technology, Salus Security is able to verify the smart contracts' business logic with as little friction and effort as possible. It can also automatically conduct a thorough examination of the smart contracts' codes and data repository to make blockchain security simpler and more efficient. The core products of Salus Security include but are not limited to:
Automated smart contract vulnerability detection that supports multi-engine formal verification, symbolic execution, hybrid fuzzing,...
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