Hazelcast

company

About

Hazelcast is a real-time, intelligent application platform that enables enterprises to capture value otherwise missed.

  • 101 - 250

Details

Last Funding Type
Series D
Last Funding Money Raised
$28.50M
Industries
Cloud Computing,Cloud Data Services,Data Storage,Enterprise Software,Open Source,Software
Founded date
Dec 20, 2012
Number Of Employee
101 - 250
Operating Status
Active

Hazelcast is a provider of an open-source in-memory computing platform used for caching, stream processing, and microservices. It aims to address the growing demand for enhanced application performance, data processing speed, and scalability.

Hazelcast's in-memory computing platform is comprised of two core products, the Hazelcast IMDG and Jet. Hazelcast IMDG is an in-memory data grid that provides high availability and scalability by distributing data across multiple nodes. Hazelcast Jet is an ultra-fast, application embeddable, stream, and batch processing engine capable of supporting real-time streaming data. The company also offers Hazelcast Cloud, a fully managed, low latency data layer for cloud-based workloads at any scale.

Hazelcast’s customers include 50 of the largest financial institutions, seven of the top telecommunications providers, and six of the biggest e-commerce retailers.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$28.50M
Hazelcast has raised a total of $28.50M in funding over 2 rounds. Their latest funding was raised on Feb 11, 2020 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 11, 2020 Series D $28.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Hazelcast is funded by 1 investors. Comerica Bank’s Technology are the most recent investors.
Investor Name Lead Investor Funding Round
Comerica Bank’s Technology Series D