The decentralized automatic response system Drosera completed a US$1.55 million seed round of financing, with participation from UDHC and others.

Decentralized automated response system Drosera announced the completion of a $1.55 million seed round financing, with participation from Anagram, Arrington Capital, UDHC, Comfy Capital, Bodhi Ventures, Metamatic, BaseDAO, Asymmetric, Zeal Capital, Everstake, 01Node, Marin Ventures, Infinite Capital, NxGen, and others.

It is reported that Drosera is an automation protocol used to detect and reduce financial losses from exploiting vulnerabilities. It abstracts the complexity of creating monitoring systems and automatic response capabilities and is suitable for decentralized applications. Drosera provides a framework for creating and executing automatic responses to events on the Ethereum network.