Company Research Report: Hypernative

Company Overview

• Name: Hypernative

• Mission of the Company: Secure everything you build, run, and own in Web3 by proactively stopping web3 threats before they do any damage.

• Founded: Early 2022

• Founders: Gal Sagie and Dan Caspi

• Key People:

• Gal Sagie, Co-founder & CEO

• Dan Caspi, Co-founder & CTO

• Andrey Dulkin, Chief Product Officer

• Ulisse Dell’Orto, Vice President of Global Revenue

• Lior Betzalel, Vice President of R&D

• Headquarters: Global team with presence in Denver, Lisbon, London, Tel Aviv, Singapore, and Tokyo

• Number of Employees: No information is available

• Revenue: No information is available

• What is the Company Known For: Hypernative is known for its real-time monitoring and advanced warning system for threats in the Web3 space. The company's solutions offer proactive protection against zero-day vulnerabilities, frontend hacks, and state actor threats through automated onchain actions.

Products

Hypernative Platform

• Description: A real-time monitoring, risk detection, and automated response solution that supports UI, API, and SDK integrations to prevent exploits.

• Key Features:

• High detection rate and accuracy

• Automated actions to prevent damage

• Supports over 200 risk types, including security, operational, technical, financial, and governance risks

• Machine learning-driven detection

Hypernative Firewall

• Description: An integrated onchain policy enforcer that prevents malicious interactions while allowing legitimate transactions.

• Key Features:

• Checks execution logic and transaction parameters

• Uses sanction and client lists for validation

• Gas-efficient AI with minimal code change for integration

Hypernative Screener

• Description: Evaluates address risks to determine whether interactions should be authorized or denied.

• Key Features:

• Flags for sanctions and hack involvement

• Provides address reputation across multiple chains

• Continuous monitoring of address reputation

Recent Developments

• Recent Funding: In September 2024, Hypernative raised $16 million in a Series A funding round led by Quantstamp, with participation from various investment firms, to expand into new verticals and build a Web3 security network.

• Product Launches and Developments:

• Introduction of Hypernative Security Oracle and Hypernative Screener, enhancing address risk detection and monitoring capabilities.

• Partnerships:

• Ink (December 3, 2024): Partnership with Kraken's Layer 2 solution, Ink, to enhance ecosystem-wide protection.

• Solana Network (September 20, 2024): Secured Solana Network and its projects with comprehensive threat detection.

• Introduced protection for projects building on the Flare and Stellar networks.

• New Features Additions: Expanded threat detection capabilities by adding hundreds of new detectors and increasing network coverage to over 45 chains, as well as creating risk dashboards for partners.

For more information on Hypernative, reach out for a demo, or stay updated with their blog and social channels regarding their offerings in cybersecurity for the Web3 industry.