About GridGain
GridGain is a company based in Foster City (United States) founded in 2007.. GridGain has raised $33.38 million across 5 funding rounds from investors including Sberbank Russia, RTP Global and Almaz Capital. GridGain operates in a competitive market with competitors including Redis, Voltron Data, GigaSpaces, Dragonfly and Hazelcast, among others.
- Headquarter Foster City, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gridgain Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.38 M (USD)
in 5 rounds
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Latest Funding Round
$4 M (USD), Series B
Jan 24, 2017
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Investors
Sberbank Russia
& 3 more
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Employee Count
Employee Count
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Funding Insights of GridGain
GridGain has successfully raised a total of $33.38M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $4 million completed in January 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $4.0M
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First Round
First Round
(08 Nov 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series B - GridGain | Valuation |
investors |
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| Feb, 2016 | Amount | Series B - GridGain | Valuation | Sberbank , Fort Ross Ventures | |
| May, 2013 | Amount | Series B - GridGain | Valuation | Almaz Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GridGain
GridGain has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Sberbank Russia, RTP Global and Almaz Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing in early stage tech companies in the US & Europe
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage technology companies
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Founded Year | Domain | Location | |
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Venture capital is provided to mid and growth-stage startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GridGain
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GridGain
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gridgain Comparisons
Competitors of GridGain
GridGain operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Redis, Voltron Data, GigaSpaces, Dragonfly and Hazelcast, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
In-memory database platform is operated as a cloud-based service.
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| domain | founded_year | HQ Location |
Analytical tools are accelerated via the Apache Arrow ecosystem.
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| domain | founded_year | HQ Location |
Real-time data processing is enabled through in-memory data grids.
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| domain | founded_year | HQ Location |
Dragonfly is recognized as a high-performance in-memory data store.
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| domain | founded_year | HQ Location |
An open-source in-memory data grid is developed and supported.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gridgain
Frequently Asked Questions about GridGain
When was GridGain founded?
GridGain was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is GridGain located?
GridGain is headquartered in Foster City, United States. It is registered at Foster City, California, United States.
Who is the current CEO of GridGain?
Mark Lockareff is the current CEO of GridGain.
Is GridGain a funded company?
GridGain is a funded company, having raised a total of $33.38M across 5 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Nov 08, 2011.
What does GridGain do?
GridGain enables organizations to accelerate data processing in their Hadoop deployments by providing an in-memory platform. The platform can be used as a database, a stream computing platform, a messaging platform or an accelrator for hadoop based computations. GridGains in-memory file system accelerates IO in the Hadoop stack. GridGain requires zero code change to existing MapReduce code for similar performance improvement. It also offers a management and monitoring tool called GridGain Visor for its Hadoop accelerator platform. It is built on top of Apache Ignite, an In-Memory data Fabric. Its clients include Apple, Avis, Canon, IHG, McGraw-Hill Education, Moodys KMV, Sberbank, Sony, TomTom, and Worldpay. The company was named a Cool Vendor for In-Memory Computing Technologies by Gartner in 2014. Gridgain has incubated and open sourced the In-Memory platform in Apache as Ignite.
Who are the top competitors of GridGain?
GridGain's top competitors include Redis, Voltron Data and Dragonfly.
Who are GridGain's investors?
GridGain has 4 investors. Key investors include Sberbank Russia, RTP Global, Almaz Capital, and Fort Ross Ventures.