Drosera Secures $4.75 Million Funding to Strengthen Ethereum’s Security Ecosystem

COINOTAG reports that on February 11th, Drosera, a pioneering security automation layer for the Ethereum ecosystem, has successfully concluded a significant funding round, securing $4.75 million. This funding initiative was spearheaded by Greenfield Capital, with notable contributions from prominent firms such as Anagram, Paper Ventures, Arrington Capital, UDHC, and Pulsar. In addition, several distinguished angel investors have joined this round, including Jan Baeriswyl, Luke Hackett, and Felix Lutsch, among others. Drosera’s mission is to serve as Ethereum’s immune system, enabling protocols to swiftly identify and mitigate potential risks, thus minimizing the threat of vulnerability exploitation. This innovative solution is expected to enhance security protocols across the Ethereum network, making it a pivotal development in the ongoing evolution of blockchain technology.