GigaSpaces Technologies

In-memory Technology

Business Software
Private
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Company Overview

Snapshot

Founded in July 1999 by Nati Shalom, GigaSpaces Technologies operates with 51–200 employees. The company has raised a total of $63.5 million across 6 funding rounds from 8 investors, with Leumi Partners leading a round. In January 2022, GigaSpaces was recognized as a winner in the 2021 Digital Transformation & Operational Excellence Awards, highlighting its impact in the enterprise technology space.

Business overview

GigaSpaces Technologies develops in-memory technology solutions designed to accelerate enterprise digital transformation. Its core offerings include an in-memory data platform that enables businesses to operationalize machine learning and transactional processing, gaining real-time insights from their data. The company's solutions are utilized across various markets, including financial institutions (banks, insurance), communication services, transportation & logistics, and commerce & retail, operating within the Business Software sector, specifically focusing on IT, R&D & Data Solutions, Data Architecture, and Data Analysis & Decision Support.

Strategic signal

In January 2022, GigaSpaces Technologies was announced as a winner in the 2021 Digital Transformation & Operational Excellence Awards. This recognition signals the company's continued relevance and strong performance in delivering solutions that drive significant operational improvements and digital modernization for enterprises, reinforcing its position as a key player in the in-memory technology market.

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Company Intelligence Q&A

What was a significant recent achievement for GigaSpaces Technologies?
In January 2022, GigaSpaces Technologies was announced as a winner in the 2021 Digital Transformation & Operational Excellence Awards, recognizing its contributions to enterprise digital transformation.
Which investor led the funding round in November 2021 for GigaSpaces Technologies?
In November 2021, Leumi Partners led a funding round for.
What was the strategic importance of GigaSpaces' partnership with Red Hat?
In September 2020, GigaSpaces announced the availability of its InsightEdge platform on Red Hat Marketplace. This partnership allowed enterprise customers to easily discover, deploy, and manage certified container-based software across various cloud environments, simplifying the development and management of time-sensitive applications.
What was a key product development announced by GigaSpaces in September 2020?
In September 2020, GigaSpaces announced version 15.5 of its InsightEdge platform, which simplifies and scales hybrid and multi-cloud deployments. This version introduced new efficiency and automation capabilities for monitoring, management, and automatic resource provisioning.
Which investor led the funding round in May 2020 for GigaSpaces Technologies?
In May 2020, Fortissimo Capital led a funding round for GigaSpaces Technologies. Claridge Israel and BRM Group also participated in this round.
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