The "Rollup as a Service" platform Caldera has raised $9 million in funding, led by Sequoia and Dragonfly

2023-02-14 07:46:16

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ChainCatcher news, Web3 infrastructure provider, "Rollup as a Service" platform Caldera announced that it has raised $9 million in two rounds of financing, led by Sequoia Capital and Dragonfly, with participation from Neo, 1kx, Ethereal Ventures, and other angel investors. The funds will be used for recruitment, collaboration, and integration.

Caldera enables anyone to launch and operate dedicated, high-performance second-layer blockchain Rollups, and run lightweight, highly customizable blockchains while sharing Ethereum's security. By providing each application with its own "Application Rollup," Caldera offers dedicated channels for application transactions, fundamentally reducing transaction costs and allowing projects to mitigate the risks of fee spikes and network interruptions. (Source link)

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Caldera rollup investment and financing

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