Hazelcast

Palo Alto, United States Founded: 2008 • Age: 18 yrs
An open-source in-memory data grid is developed and supported.
Annual revenue - Latest available
Total funding $66.7M 6 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
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  • Website
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  • Social
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Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
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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.

Product name locked
Category locked
Primary

Enables distributed caching and stream processing for scalable applications

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Manages Hazelcast nodes and clusters for efficient operations

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage tech investments are made in Europe and Asia.
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Private equity firm focused on growth equities
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Tech-focused VC firm investing in Europe, the Middle East & Africa
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Investor details for Hazelcast

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Investments & Acquisitions by Hazelcast

Investments
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Investment portfolio details for Hazelcast

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Financial Statements - Hazelcast

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Detailed financials for Hazelcast

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Hazelcast Comparisons

Hazelcast Primary company
Description
An open-source in-memory data grid is developed and supporte...
Location
Palo Alto, United States
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Hazelcast

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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.

Company Name Domain Founded year HQ Location Description
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In-memory database platform is operated as a cloud-based service.
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Analytical tools are accelerated via the Apache Arrow ecosystem.
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In-memory platform is used to accelerate Hadoop data processing.
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Real-time data processing is enabled through in-memory data grids.
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Dragonfly is recognized as a high-performance in-memory data store.
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Detailed competitors of Hazelcast

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Latest news on Hazelcast

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Complete news archive for Hazelcast

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Frequently Asked Questions about Hazelcast

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

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

Hazelcast is a funded company, having raised a total of $66.7M across 6 funding rounds to date.

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.

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

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

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

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