Blocktorch Acquired by thirdweb to Enhance Web3 Development Stack
In a decisive move to bolster its blockchain development offerings, thirdweb has announced the acquisition of Blocktorch, a leading web3 observability platform. This strategic acquisition is set to elevate thirdweb’s development stack, positioning it as the most comprehensive solution for building decentralized applications (dApps).
Blocktorch Acquired by thirdweb
Thirdweb Cover Art
What is Blocktorch?
Blocktorch distinguishes itself through its holistic approach to web3 observability. It provides a complete suite of tools for developing, monitoring, and optimizing dApps, empowering engineering teams to maintain exceptional user experiences even amidst rapid scaling. By joining forces, both companies aim to deliver best-in-class development tools and superior solutions to their clientele.
For developers, this partnership promises substantial relief from the labor-intensive tasks of data analysis and error diagnosis within decentralized applications and games. Blocktorch’s platform streamlines these processes, enabling developers to proactively monitor the performance and health of their dApps, thereby reducing mean time to recovery during incidents.
thirdweb Acquires Blocktorch to Enhance Web3 Development Stack
Blocktorch Overview
Details of the Acquisition
With the integration of Blocktorch, thirdweb seeks to streamline the complexities inherent in dApp development. Blocktorch’s robust platform empowers developers to effectively monitor, troubleshoot, and optimize decentralized applications. This alignment of missions is poised to accelerate thirdweb’s roadmap, particularly in the realms of RPC and indexer products.
Gery Pollak, Business Development Lead at thirdweb and former CEO of Blocktorch, expressed enthusiasm about the merger. “thirdweb's powerful full-stack platform simplifies the development of seamless web3 apps without the complexities of a fragmented architecture stack. We are dedicated to enhancing the developer experience to expand the potential of blockchain technology and are excited to enable the builders of the next generation of apps together,” Pollak stated.
thirdweb Acquires Blocktorch to Enhance Web3 Development Stack
Blocktorch Acquired by thirdweb
Expansion of the Team
In addition to the acquisition, thirdweb welcomes four key members from Blocktorch to its team. Gery Pollak assumes the role of Business Development Lead, Amine Afia as Engineering Lead, and Toomas Oosalu and Arsenii Poriadin join as Software Engineers. This expansion underscores thirdweb's commitment to engineering excellence and its mission to accelerate web3 adoption.
Jake Loo, CTO and Co-Founder of thirdweb, emphasized the significance of this acquisition. “Our team shares many values when it comes to developing high-quality tools for developers at a rapid pace. We are passionate about simplifying web3 development so developers can build on-chain, and believe that combining forces with the Blocktorch team will accelerate our mission and set new benchmarks for the industry,” Loo remarked.
thirdweb Acquires Blocktorch to Enhance Web3 Development Stack
New Team Members
Final Thoughts
As thirdweb continues to integrate Blocktorch’s capabilities, the enhanced development stack is expected to empower thousands of prominent brands, creator platforms, on-chain games, and decentralized social networks. This acquisition marks a significant stride towards simplifying and advancing web3 development, fostering innovation, and expanding the potential of blockchain technology. For more information, please visit the official X account here.
