San Juan, Puerto Rico, February 10, 2025, ChainWire
Drosera, a layer of security automation alongside the innovative Ethereum positioned as Ethereum’s immune system, has shut down its latest funding round, increasing its total to $4.75 million. The pay raise, led by Greenfield Capital, was joined by several notable funds, including Anagram, Paper Ventures, Arlington Capital, UDHC and Pulsar. Several angel investors have also committed capital. Among them are Jan Baeriswyl, Luke Hackett, Felix Lutsch, Depine Logic Labs, Diogo Costa, Yaroslav Pshenitsyn, Peter Kim, Mara Schmidt, Mara Schmidt, Daniel and Abhishek Max, Swell Labs, Anuj Shankar, Anuj Shankar, Collin Myers .
Samuel Glenn (Bobafetador), co-founder and CTO of Drosera, said: “Drosera serves as Ethereum’s immune system by arming a protocol that has the ability to detect and neutralize threats before they cause harm. By significantly reducing the risk of exploits, we is building a more resilient and reliable in-lawy ecosystem.”
With over 3,700 Web3 protocols, with victims who have become victims of exploits made possible by security failures and vulnerabilities, Drosera offers cutting-edge solutions.
Fernando Reyes (FDR), founder and CEO of Drosera, said:
“The funding will expand and push the boundaries of what is possible with protocol security, and all projects built on Ethereum will be more resilient to the ever-evolving situation of cyber threats. “We will work with you. We will hone our mission to make Web3 a reality without compromising.”
Drosera’s innovative approach, modeled as the Ethereum immune system, allows the protocol to delegate security infrastructure to a distributed network of node operators. The system works in the same way as antibodies in the biological immune system, identifying and neutralizing threats in real time to protect your network. It works like this:
• The protocol creates traps that define the security parameters of the application, highly customizable solidity-based smart contrariers.
• The protocol creates value for third-party operators who deposit funds in a trap and use Drosera clients to actively monitor ethical data to use their ethical clients to monitor events that are deemed risk. Operators must take emergency response upon detection of violations
Drosera’s system coordinates incentives across protocols and operators, creating a new economy that we believe will become the standard for Web3 security. The network has already gained great traction, with over 25 protocols committed to the testnet, including Ion Protocol, EtherFi and Gravita. He also secured partnerships with several node operators, including Infstones, Everstake, Cosmmstation, A41, and Blockscape, and joined forces with security specialist Goplus.
“We are excited about our experienced team and the relentless drive that redefines on-chain security,” Greenfield principal Gendrick Polotzek said, “It’s mandatory, economic audits and bug reports are simply sufficient. Not that,” he said. Drosera provides a key component of overall real-time threat detection and incentive response. ”
“Drosera’s approach to Web3 security doesn’t turn the stones over,” said Ivailo Jordanov, partner at Paper Ventures. “By leveraging distributed networks of node operators, we are creating new and exciting paradigms for security at the protocol level. We look forward to the impact that networks will have on the industry in the future.”
The funds raised by Drosera will be used to accelerate product development, recruit personnel and prepare for the launch of MainNet, scheduled for the second quarter of 2024.
About Drosera:
Drosera is Ethereum’s distributed immune system.
By leveraging next-generation smart contracts known as “traps,” Drosera offers an adaptive and verifiable mechanism that acts like antibodies, detecting vulnerabilities before they harm ecosystems. Neutralize.
For partnership inquiries and more information, please contact us below.
Website
https://www.dropera.io/
contact
Zayn
zain@drosera.io
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