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Hazelcast Stock

Intelligent Application Platform

Founded

2008

Notable Investors

Striim

Headquarters

San Mateo CA, US

Total Funding

$35.1M

About Hazelcast Stock

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.

Investors

Comerica Bank’s Technology

Moveworks, Hazelcast

Deutsche Investitions- und Entwicklungsgesellschaft mbH

Hazelcast

Earlybird Venture Capital

Hazelcast

European Bank for Reconstruction and Development (EBRD)

PandaDoc, Hazelcast

Striim

Hazelcast

Funding History

September 2013$2.6M
September 2014$11.0M
June 2019$21.5M
February 2020$28.5M

Management

Chief Executive Officer

Kelly Herrell

Chief Financial Officer

Dave Salverson

Chief Technology Officer

John DesJardins

Press

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