HACK VC Supports ECLIPSE's New CEO Amid Sexual Harassment Allegations Against Founder

HACK VC, a WEB3 venture capital firm that led the $50 million Series A funding round for ECLIPSE, has expressed its deep concern over sexual harassment allegations against ECLIPSE founder Neel Somani. The firm emphasizes a zero-tolerance policy towards any form of sexual harassment or misconduct within HACK VC and holds its founders and portfolio companies to the same high standards. In collaboration with other investors and the team, they urged Neel Somani to resign and have shown strong support for Vijay Chetty as the new CEO of ECLIPSE, believing him to be the ideal candidate to advance the project. This follows the news from March 11 that ECLIPSE Labs, a Layer 2 developer, completed a $50 million Series A funding round led by Placeholder and HACK VC.