[Archive] Web3Auth Raises $13M Series A from Sequioa Capital and More

:classical_building: Archived Content from Web3Auth Community

This topic was originally posted by shahbaz on 4/7/2024.
This content has been migrated from our previous community forum to preserve valuable discussions.


We are excited to announce that we have raised $13M led by Sequoia Capital India, Union Square Ventures, Multicoin and others, to drive mass adoption in Web3 through simple, secure, and non-custodial auth infrastructure for apps and wallets. The round follows demonstrable success, with our infrastructure securing over 1M monthly users and 8M keys, on wallets and applications such as Binance Extension Wallet, Ubisoft, Kukai, Skyweaver, and more. We are also proud to reveal Web3Auth, which kickstarts the decentralization of the Torus Network.


This is a companion discussion topic for the original entry at https://blog.web3auth.io/web3auth-raises-13m-series-a-to-drive-mass-adoption-on-web3-applications-and-wallets-via-simple