Phylax Systems
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About Phylax Systems
Industries
Cybersecurity
Crypto & Web3
Company Size
1-10
Company Stage
Seed
Total Funding
$4.4M
Headquarters
New York City, New York
Founded
2024
Overview
Simplify's Take
What believers are saying
- Increased interest in blockchain security boosts Phylax Systems' market potential.
- Partnership opportunities with financial institutions enhance Phylax Systems' growth prospects.
- Regulatory frameworks favoring secure crypto protocols benefit Phylax Systems.
What critics are saying
- Emerging blockchain security startups increase competition for Phylax Systems.
- Regulatory scrutiny on crypto transactions may raise Phylax Systems' compliance costs.
- Rapid cryptography advancements could obsolete Phylax Systems' security protocols.
What makes Phylax Systems unique
- Phylax Systems embeds a credible security layer into crypto transaction base layers.
- The company focuses on robust security protocols for decentralized finance platforms.
- Phylax Systems aligns with the growing demand for blockchain security solutions.
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Funding
Total Funding
$4.4M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Unlimited Paid Time Off
Conference Attendance Budget
Remote Work Options
Company News
Phylax Systems, a protocol for for crypto transactions that embeds a credible security layer into base layers, has raised $4.5M in funding according to a recent SEC filing.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/22/2024 featuring funding details for Awarded Software, Phylax Systems, and much more. This page will be updated throughout the day to reflect any new fundings.
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About Phylax Systems
Industries
Cybersecurity
Crypto & Web3
Company Size
1-10
Company Stage
Seed
Total Funding
$4.4M
Headquarters
New York City, New York
Founded
2024
Phylax Systems is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today