TechFlow news — On November 14, according to Chainwire, rollup-as-a-service provider Caldera announced the strategic acquisition of the Hook team. Hook previously developed Hook Odyssey, a rollup protocol focused on meme coins and NFTs with perpetual futures. This acquisition will strengthen Caldera's product offerings in the Ethereum rollup space.
As a former client and early adopter of rollup technology, the Hook team will bring valuable expertise to the Caldera ecosystem. Following the acquisition, Caldera’s headcount has increased to 20 employees across the Americas, Europe, and Asia. The acquisition is supported by Caldera’s prior $15 million Series A funding round led by Peter Thiel’s Founder Fund.
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