Hazelcast is a real-time, intelligent application platform that enables enterprises to capture value otherwise missed.
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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 11, 2020 | Series D | $28.50M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Comerica Bank’s Technology | — | Series D |