Caldera's $15 Million Series A Funding Boosts Blockchain Scalability
Caldera's Vision for Blockchain Scalability
Caldera, a leading figure in the blockchain rollup ecosystem, has successfully raised $15 million in Series A funding. Spearheaded by Founders Fund and supported by investors like Dragonfly and Sequoia Capital, this funding brings Caldera's total capital to $25 million. The company is poised to revolutionize blockchain scalability and interoperability through its innovative Metalayer network.
Transformative Rollup Deployment
Caldera addresses key challenges in blockchain rollup deployment, such as high costs and complex processes, by offering a one-click solution. This approach eliminates the need for extensive in-house engineering teams, ensuring efficient and secure rollup operations with customization options and 99.99% uptime Service Level Agreements (SLAs).
Leadership and Expertise
Founded in 2022 by Stanford alumni Matt Katz and Parker Jou, Caldera leverages the expertise of industry veterans from companies like Nvidia, Apple, and Google. The leadership team is well-versed in both web3 and traditional technology, facilitating a seamless integration of cutting-edge solutions.
The Metalayer Network
Caldera's Metalayer network is a unified rollup system that integrates major blockchain frameworks. It provides web3 developers with tools to launch application-specific rollups, enhancing the Ethereum ecosystem's scalability and security. By incorporating frameworks like Arbitrum Nitro and ZKsync, Caldera offers a streamlined developer experience.
Empowering Developers and Projects
Caldera empowers developers to select modular stacks for their rollups, aligning with the shift towards cloud-based modular services. The platform supports over 50 rollups, with 1.7 million unique wallets and over $800 million in total value locked. Notable projects include Manta Pacific and ApeChain.
Future Prospects
With its strategic funding and robust technology, Caldera is at the forefront of blockchain innovation. The Metalayer is set to drive the next phase of blockchain scalability, fostering greater adoption of Ethereum and empowering developers to focus on core products while Caldera manages the underlying infrastructure.
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