Hexagate

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, less than three years after its founding.

Business overview

Hexagate develops Web3 browser security products designed to protect users from fraud and various threats within Web3 transactions. Its core technology is a browser extension that analyzes transactions before they are signed, identifying cybersecurity and financial risks. The company operates in the Cyber Security sector, focusing on application and website security, and serves the financial services and enterprise markets.

Strategic signal

In December 2024, Hexagate was acquired by Chainalysis, marking a significant exit for the Israeli company. This acquisition highlights the increasing demand for specialized Web3 security solutions and validates Hexagate's technology in protecting digital assets and transactions, positioning it as a key player in the evolving blockchain security landscape.

Company Intelligence Q&A

When was Hexagate acquired?

Hexagate was acquired by Chainalysis in December 2024.

Who acquired Hexagate?

Hexagate was acquired by Chainalysis in December 2024.

Which investors participated in Hexagate's funding round?

In January 2023, Hexagate received funding from Samsung Next TLV and Entrée Capital.

What is Hexagate's primary focus?

Hexagate focuses on developing Web3 browser security products to protect users from fraud and various threats in Web3 transactions.

What is the core functionality of Hexagate's product?

Hexagate's browser extension analyzes Web3 transactions before users sign them, flagging cybersecurity and financial risks.