Ethereum Rollup deployment platform Caldera completes $15 million Series A funding, led by Founders Fund.

Sep 11, 2024 23:10:04

Ethereum Rollup deployment platform Caldera has completed a $15 million Series A funding round, led by Founders Fund. Dragonfly, Sequoia Capital, Arkstream Capital, Lattice, and others participated. The Series A funding brings Caldera's total funding to $25 million, having raised $10 million last year.

Caldera is a platform that provides Rollup as a service, helping developers quickly launch Ethereum-based Rollups or scaling networks. The platform has assisted over 50 projects in launching Rollups, with a total locked value of over $800 million and processing more than 59 million transactions.

Caldera co-founder and CEO Matt Katz stated that the funding will further drive its technological development and help Web3 teams leverage shared network effects to achieve greater scalability and security.

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