Ironblocks

Ironblocks, a cybersecurity firm headquartered in Tel Aviv, was co-founded in 2022 by Or Dados and Assaf Eli. The founders bring a significant depth of experience to the venture. Or Dados, the CEO, previously held the position of Head of Trading at the decentralized finance company Bancor. Assaf Eli, serving as CTO, has a background as a security researcher and full-stack developer, including experience at eToro. This combined expertise in both the intricacies of DeFi and cybersecurity underpins the company's strategic direction.

The company directs its services towards the Web3 space, catering to decentralized finance (DeFi) protocols, Web3 platforms, market makers, and other projects involving digital assets. Ironblocks operates on a business-to-business (B2B) model, offering its security solutions as a service. Its core offering is an end-to-end security platform designed to proactively protect against exploits. The platform provides a fully automated and off-chain threat detection and prevention system that can be connected to a customer's on-chain environment. This system is designed to identify a range of threats, including smart contract hacks, account takeovers, and private key compromises, and can automatically block these threats in milliseconds. The solution is notable for not requiring any code alterations or deployments from the client's side, functioning as a plug-and-play system. In early 2023, Ironblocks secured $7 million in a seed funding round, with participation from investors such as Collider Ventures and Disruptive AI, to further develop its platform and expand its team.

Keywords: Web3 security, DeFi protection, blockchain cybersecurity, threat detection, on-chain security, smart contract audit, crypto security, digital asset protection, incident response, Tel Aviv