Company Overview
Snapshot
Founded in April 2022 by Yaniv Nissenboim and Niv Yehezkel, Hexagate operates with 11–50 employees. The company was acquired by Chainalysis in December 2024.
Business overview
Hexagate develops Web3 browser security products designed to protect users' Web3 transactions from fraud and various other threats. Its core technology is a browser extension that analyzes transactions before they are signed, flagging cybersecurity and financial risks. The company serves markets within the Web3 and cryptocurrency ecosystems, operating primarily in the Cyber Security sector, with a focus on Application & Website Security.
Strategic signal
Hexagate's acquisition by Chainalysis in December 2024, less than three years after its founding, signals strong validation of its Web3 security technology and market impact. This strategic move highlights the increasing demand for robust fraud prevention solutions in the cryptocurrency and real-time payment networks, positioning Hexagate's capabilities to be integrated into a broader platform for enhanced digital asset security.
Log in to access full profile ›Company Intelligence Q&A
- What is Hexagate's primary focus?
- Hexagate develops Web3 browser security products that protect users' Web3 transactions from fraud and various other threats by analyzing transactions before they are signed, flagging cybersecurity and financial risks.
- When was Hexagate founded and by whom?
- Hexagate was founded in April 2022 by co-founders Yaniv Nissenboim and Niv Yehezkel.
- When was Hexagate acquired?
- Hexagate was acquired by Chainalysis in December 2024.
- Which investors participated in Hexagate's funding round?
- In January 2023, Hexagate received funding from investors including Samsung Next TLV and Entrée Capital.
- What is the reported impact of Hexagate's technology?
- As of December 2024, Hexagate is credited with saving $1 billion through its Web3 security solutions.