Blockchain security firm CertiK has concluded a $24-million-dollar funding round as part of its ongoing efforts to expand its product and security offerings for the decentralized finance, or DeFi, sector.

The funding round, which was co-led past Tiger Global and GL Ventures, comes on the heels of the successful launch of Skynet Premium, an agile monitoring platform for DeFi applications. Since its inception, Skynet has monitored over 2 meg smart contract addresses and over ii billion on-chain transactions.

Related: Blockchain security business firm CertiK raises $37M to combat DeFi and crypto risks

CertiK claims to have served over 1,300 enterprise clients to date. In the process, its platform has detected over 23,000 vulnerabilities in blockchain lawmaking.

Security exploits are nix new for the cryptocurrency infinite. As the recent Poly Network hack demonstrated, crypto in general — and DeFi, in particular — are luring more sophisticated attackers due to the big sums of money involved. Every bit Cointelegraph reported, the cryptocurrency market capitalization returned in a higher place $2 trillion last week for the first time since May, highlighting the monetary implications of coordinated attacks on the sector.

Poly Network wasn't the but DeFi protocol to get attacked final week. The DAO Maker crowdfunding platform reportedly lost $vii 1000000 in an exploit targeting more than 5,200 user accounts.

Last month, popular decentralized exchange THORChain fell victim to an attack that compromised $8 million worth of Ether (ETH). It was the 2d multi-one thousand thousand-dollar hack in as many weeks.

Related: Poly Network hack exposes DeFi flaws, simply community comes to the rescue