Caldera, a leading rollup-as-a-service (RaaS) platform, has secured $15 million in a Series A funding round led by Founders Fund. The investment brings the company's total capital raised to $25 million, following a $10 million seed round in March 2023. This latest funding round also saw participation from notable investors such as Dragonfly, Sequoia Capital, Arkstream Capital, and Lattice.
The funding will support the development of Caldera's Metalayer network, designed to act as the "connective tissue" between rollups. This innovative solution aims to unify the rollup ecosystem, enabling seamless interoperability and streamlined developer experiences. By building the Metalayer, Caldera is poised to play a crucial role in scaling Ethereum and fostering a more efficient and interconnected blockchain landscape.
With the Metalayer, Caldera is working towards making Ethereum "truly web-scale" by providing a unified network for rollups. This development has the potential to unlock new opportunities for innovation and growth in the blockchain space. By facilitating greater interoperability and connectivity between rollups, Caldera's Metalayer can help drive adoption and push the boundaries of what is possible on the Ethereum network.
