Forta Company Overview include blockchain security company that provides real-time monitoring and alerting for decentralized applications (dApps) and protocols. The company was founded in 2019 by CEO Ishan Wahi and CTO Andrew Miller, and has raised over $23 million in funding from investors such as Andreessen Horowitz, Coinbase Ventures, and Sequoia Capital.

Forta’s platform uses a network of bots to monitor smart contracts and blockchain networks for suspicious activity. The bots are able to identify a wide range of potential threats, including hacks, exploits, and scams. When a bot detects a threat, it sends an alert to Forta’s team of security experts, who can then investigate the issue and take appropriate action.

Forta’s platform is used by a wide range of customers, including dApp developers, protocol teams, and security companies. The company’s customers include some of the biggest names in the blockchain industry, such as Uniswap, Aave, and Compound.

News Update

In September 2023, Forta announced that it had raised $23 million in a Series B funding round led by Andreessen Horowitz. The funding will be used to expand Forta’s team and its product offerings.

Forta also announced that it had partnered with Coinbase Cloud to launch a new security monitoring service for Coinbase Cloud customers. The service will provide Coinbase Cloud customers with real-time monitoring and alerting for their blockchain applications and infrastructure.

Forta’s Value Proposition

Forta offers a number of value propositions to its customers, including:

• Comprehensive security monitoring: Forta’s platform monitors a wide range of blockchain activity for potential threats, including hacks, exploits, and scams.
• Real-time alerts: Forta’s platform sends real-time alerts to its customers when a threat is detected, so that they can take action quickly.
• Expert support: Forta’s team of security experts is available to help its customers investigate and respond to threats.

Forta’s Customers

Forta’s customers include a wide range of organizations, including:

• DApp developers: DApp developers use Forta to monitor their smart contracts for security vulnerabilities.
• Protocol teams: Protocol teams use Forta to monitor their networks for suspicious activity.
• Security companies: Security companies use Forta to provide security monitoring services to their customers.

Forta’s Competitors

Forta’s competitors include a number of other blockchain security companies, such as:

• CertiK: CertiK is a blockchain security company that provides a range of services, including smart contract audits, security monitoring, and penetration testing.
• SlowMist: SlowMist is a blockchain security company that provides a range of services, including security monitoring, threat intelligence, and incident response.
• Immunefi: Immunefi is a blockchain security company that provides a bug bounty platform for smart contracts.

Forta’s Future

Forta is well-positioned to continue its growth in the coming years. The company has a strong team, a robust product offering, and a large and growing customer base.

Forta is also well-positioned to benefit from the continued growth of the blockchain industry. As more and more businesses and individuals adopt blockchain technology, the need for security solutions will increase.

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