Hazelcast

Palo Alto, United States Founded: 2008 • Age: 18 yrs
An open-source in-memory data grid is developed and supported.
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About Hazelcast

Hazelcast is a company based in Palo Alto (United States) founded in 2008.. Hazelcast has raised $66.7 million across 6 funding rounds from investors including Comerica, EBRD VCIP and DEG. Hazelcast offers products and services including Hazelcast Platform, Management Center, and Cloud Deployment Options. Hazelcast operates in a competitive market with competitors including Redis, Voltron Data, GridGain, GigaSpaces and Dragonfly, among others.

  • Headquarter Palo Alto, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Technology → Software Development & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $66.7 M (USD)

    in 6 rounds

  • Latest Funding Round
    $28.5 M (USD), Series D

    Feb 11, 2020

  • Investors
    Comerica

    & 7 more

  • Employee Count
    Employee Count
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Products & Services of Hazelcast

Hazelcast offers a comprehensive portfolio of products and services, including Hazelcast Platform, Management Center, and Cloud Deployment Options. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables distributed caching and stream processing for scalable applications

Manages Hazelcast nodes and clusters for efficient operations

Offers performance and scalability in various cloud environments

People of Hazelcast
Headcount 50-200
Employee Profiles 46
Board Members and Advisors 1
Employee Profiles
People
Eric Bochner
CEO
People
Mike Morgan
Chief Financial Officer
People
Sebastien Clavel
Solutions Architect - Support
People
Ceren Buyukcapar Monserrate
Controller

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Board Members and Advisors
people
Ali Kutay
Board Member

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Funding Insights of Hazelcast

Hazelcast has successfully raised a total of $66.7M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $28.5 million completed in February 2020. 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 Rounds 6
  • Last Round Series D — $28.5M
  • First Round

    (06 Aug 2013)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2020 Amount Debt – Conventional - Hazelcast Valuation

investors

Feb, 2020 Amount Series D - Hazelcast Valuation EBRD , DEG
Jun, 2019 Amount Series C - Hazelcast Valuation C5 Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hazelcast

Hazelcast has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Comerica, EBRD VCIP and DEG. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage tech investments are made in Europe and Asia.
Founded Year Domain Location
Private equity firm focused on growth equities
Founded Year Domain Location
Tech-focused VC firm investing in Europe, the Middle East & Africa
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hazelcast

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hazelcast

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hazelcast Comparisons

Employees
+
Add Comparison
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Competitors of Hazelcast

Hazelcast 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, GridGain, GigaSpaces and Dragonfly, 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.
domain founded_year HQ Location
Analytical tools are accelerated via the Apache Arrow ecosystem.
domain founded_year HQ Location
In-memory platform is used to accelerate Hadoop data processing.
domain founded_year HQ Location
Real-time data processing is enabled through in-memory data grids.
domain founded_year HQ Location
Dragonfly is recognized as a high-performance in-memory data store.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Hazelcast

When was Hazelcast founded?

Hazelcast was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is Hazelcast located?

Hazelcast is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Is Hazelcast a funded company?

Hazelcast is a funded company, having raised a total of $66.7M across 6 funding rounds to date. The company's 1st funding round was a Series C of $21.5M, raised on Aug 06, 2013.

What does Hazelcast do?

Hazelcast was founded in 2008 in Palo Alto, California, with an RD office in Istanbul, Turkey. An in-memory data grid and NoSQL product is developed, distributed, and supported by the company for transactional, scale-out applications. Revenue is generated through licensed enterprise extensions, a management center, training, development services, and deployments. Operations focus on data infrastructure within the technology sector.

Who are the top competitors of Hazelcast?

Hazelcast's top competitors include Redis, GridGain and Voltron Data.

What products or services does Hazelcast offer?

Hazelcast offers Hazelcast Platform, Management Center, and Cloud Deployment Options.

Who are Hazelcast's investors?

Hazelcast has 8 investors. Key investors include Comerica, EBRD VCIP, DEG, C5 Capital, and Bain Capital Ventures.

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