PANews reported on February 11 that according to The Block, Ethereum security platform Drosera has completed a $3.25 million financing, bringing its total financing to $4.75 million. This round of financing was led by Greenfield Capital, with participation from Anagram, Paper Ventures, Arrington Capital, UDHC and Pulsar.

Drosera is focused on developing the "Traps" smart contract, which can detect and eliminate security threats on the Ethereum network in real time. The company plans to use the funds to continue to optimize the Traps technology, expand to other EVM-compatible chains, and launch the mainnet in the second quarter of this year.