Ethereum security platform Drosera completes $3.25 million in financing
Internet reports that Ethereum security platform Drosera raised $3.25 million in new financing, bringing the company's total funding raised to $4.75 million. Greenfield Capital led the round, and Anagram, Paper Ventures, Arrington Capital, UDHC and Pulsar also participated in the round. The company has built a smart contract infrastructure called "Traps" to detect and eliminate threats on the Ethereum network. A Drosera spokesperson revealed to The Block that Drosera plans to use the funds raised to continue developing Traps, invest in community development and research to expand into other EVM-compatible chains. In addition, Drosera plans to launch its main network in the second quarter of this year.
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