Web3 security company Shield announced the completion of a $2.1 million Pre-Seed round of financing. Investors include Kraken Ventures, Eterna Capital, Alchemy, Moonpay, Bessemer Ventures DAO (Steel DAO), Orange DAO, NGC Ventures, Wagmi Ventures, MH Ventures, Coinswitch, 2Punks Capital, Lecca Ventures, and Very Serious Ventures joined the round, along with angel investors Rob Behnke (CEO of cryptographic security audit firm Halborn), Peter Liebert (former CISO of California), Vijay Maharajan (founder of Bitscrunch people) as well as angel investors from Coinbase, Google, Microsoft, and FireEye. Shield says it has also been funded by a16z’s Crypto Startup School accelerator and is currently participating. Shield is designed to help organizations adopt comprehensive security measures to prevent encryption exploits and increase user trust in the entire ecosystem. Shield's threat detection software can be integrated directly into any platform via an API, or integrated into Discord as a security bot for online communities.