GigaSpaces Technologies Overview
GigaSpaces develops in-memory technology solutions to drive enterprise digital transformation at speed and scale. GigaSpaces' in-memory data platform can future-proof users' investments. GigaSpaces enables users to accelerate API-powered digital applications to transform user engagement, legacy modernization, and customer-360 software infrastructure projects.
Cumulative Funding Raised Over Time ($)
$6.0MAug 2005
$11.0MJan 2007
$31.0MJan 2016
$38.0MMay 2008
$50.0MMay 2020
$63.5MNov 2021
Latest News
GigaSpaces Announced as Winner in the 2021 Digital Transformation & Operational Excellence Awards
growth-positive
Bank Leumi leads $13.5 million round in GigaSpaces
Bank Leumi, through its investing arm Leumi Partners, is leading a $13.5 million funding round in Israeli company GigaSpaces. GigaSpaces has developed a technology that allows enterprises to operationalize machine learning and transactional processing to gain real-time insights from their data. The company has raised $45 million in total to date. Bank Leumis investment not only acquires a stake in GigaSpaces but also intends to become a client and integrate its solution to improve the banks digital capabilities.
InvestmentPartners
growth-positive
GigaSpaces Announces Availability of InsightEdge on Red Hat Marketplace
GigaSpaces InsightEdge platform is now available through the Red Hat Marketplace, an open cloud marketplace for enterprise customers. This partnership allows customers to discover, try, purchase, deploy, and manage certified container-based software across various environments. GigaSpaces InsightEdge platform provides in-memory data and analytics processing capabilities for smart caching, transactional processing, and operational analytics. The combination of Red Hat OpenShifts cloud-agnostic support and GigaSpaces advanced data management and processing capabilities simplifies the development, deployment, and management of time-sensitive and mission-critical applications. This partnership supports the growing interest in cloud-native solutions and enables organizations to optimize their business operations, adhere to regulatory compliance, and enhance customer experience.
Partners
growth-positive
GigaSpaces Announces Version 15.5, Simplifying and Scaling Hybrid and Multi-Cloud Deployments to Empower Digital Transformation Initiatives
GigaSpaces, the provider of InsightEdge, an in-memory data and analytics processing platform, has announced the release of GigaSpaces InsightEdge version 15.5. The new version simplifies and scales hybrid and multi-cloud deployments to support digital transformation initiatives. It adds new efficiency and automation capabilities to its Ops Manager module for easier monitoring, management and automatic provisioning of resources across all environments. The platform also provides smooth testing and deployment of microservices with no management overhead or service disruption. The new version focuses on realizing the value of hybrid and multi-cloud deployments, perfecting microservices, and simplifying management and operations.
CustomersExpand
growth-positive
Private-equity Fund Fortissimo Leads $12 Million GigaSpaces Funding Round
Fortissimo Capital has led a $12 million funding round in GigaSpaces Technologies Inc. with the intention of acquiring additional stakes in the company to become a majority owner. GigaSpaces, which offers platforms for mission-critical applications, has doubled its workforce and reported record-breaking results in 2019. The investment will be used to grow their product and develop their cloud platform. GigaSpaces technology enables enterprises to operationalize machine learning and transactional processing for real-time insights. The company has a strong customer base including Bank of America, Goldman Sachs, and Amazon. Fortissimo Capital is a private equity fund that primarily invests in Israeli-related technology and industrial companies.
Investment
| Sector | Business Software |
Funding
| Total funding | $63.5M |
| Last funding | $13.5M |
| Stage | C |
| Rounds | 6 |
| Investors | 8 |
Team Members
4
Employees: 51-200
Web & Social Links
| Website | www.gigaspaces.com |
Locations
Ha-Sadna'ot St 10, Herzliya, Israel
3 Boulevard de Sbastopol, Paris, France
Valkenboslaan 13, 2563 CD Den Haag, Netherlands
15 W 37th St 12th floor, New York, NY 10018, USA
123 Pall Mall, St. James's, London, UK
Photos & Videos
2 item(s)
GigaSpaces Technologies Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Business SoftwareIT, R&D & Data SolutionsData ArchitectureData Analysis & Decision SupportTarget Customer
Communication ServicesFinancial ServicesFinancial InstitutionsBanksFinancial ProductsInsuranceTransportation & LogisticsCommerce & RetailCore Technology
Data StorageCloudEdge ComputingTags (13)
data-storageenterprise-solutionscloud-basedbig-datatelecommunicationfinancial-institutionsretailretailersedge-computinghealthcare-providersinsurance-companiesbankstransportationGeographic Markets
FranceUnited KingdomUnited StatesGlobalIsraelGigaSpaces Technologies Financials
$63.5M
Total funding
Undisclosed
Capital raised
$13.5M
Last funding
C
Funding stage
6
Total rounds
8
Investors
Cumulative Funding Raised Over Time ($)
$6.0MAug 2005
$11.0MJan 2007
$31.0MJan 2016
$38.0MMay 2008
$50.0MMay 2020
$63.5MNov 2021
Private Equity Funding
Undisclosed Round
Nov 2021
$13.5M
Leumi Partners (Lead)
,
Claridge Israel, Fortissimo Capital, BRM Group
Undisclosed Round
May 2020
$12M
Fortissimo Capital (Lead)
,
Claridge Israel, BRM Group
Undisclosed Round
Jan 2016
$20M
Claridge Israel, FTV Capital, Intel Capital, BRM Group
Convertible Debt
May 2008
$7M
Viola Credit
C Round
Jan 2007
$5M
BRM Group, FTV Capital, Intel Capital
B Round
Aug 2005
$6M
Intel Capital, BRM Group, Formula Vision Technologies
GigaSpaces Technologies Lifecycle
Cumulative Funding Raised Over Time
$6.0MAug 2005
$11.0MJan 2007
$31.0MJan 2016
$38.0MMay 2008
$50.0MMay 2020
$63.5MNov 2021
All Events
Undisclosed Round
Nov 2021
$13.5M
Leumi Partners (Lead)
,
Claridge Israel, Fortissimo Capital, BRM Group
Undisclosed Round
May 2020
$12M
Fortissimo Capital (Lead)
,
Claridge Israel, BRM Group
Undisclosed Round
Jan 2016
$20M
Claridge Israel, FTV Capital, Intel Capital, BRM Group
Convertible Debt
May 2008
$7M
Viola Credit
C Round
Jan 2007
$5M
BRM Group, FTV Capital, Intel Capital
B Round
Aug 2005
$6M
Intel Capital, BRM Group, Formula Vision Technologies
GigaSpaces Technologies News
10 articlesGigaSpaces Announced as Winner in the 2021 Digital Transformation & Operational Excellence Awards
growth-positive
Bank Leumi leads $13.5 million round in GigaSpaces
Bank Leumi, through its investing arm Leumi Partners, is leading a $13.5 million funding round in Israeli company GigaSpaces. GigaSpaces has developed a technology that allows enterprises to operationalize machine learning and transactional processing to gain real-time insights from their data. The company has raised $45 million in total to date. Bank Leumis investment not only acquires a stake in GigaSpaces but also intends to become a client and integrate its solution to improve the banks digital capabilities.
InvestmentPartners
growth-positive
GigaSpaces Announces Availability of InsightEdge on Red Hat Marketplace
GigaSpaces InsightEdge platform is now available through the Red Hat Marketplace, an open cloud marketplace for enterprise customers. This partnership allows customers to discover, try, purchase, deploy, and manage certified container-based software across various environments. GigaSpaces InsightEdge platform provides in-memory data and analytics processing capabilities for smart caching, transactional processing, and operational analytics. The combination of Red Hat OpenShifts cloud-agnostic support and GigaSpaces advanced data management and processing capabilities simplifies the development, deployment, and management of time-sensitive and mission-critical applications. This partnership supports the growing interest in cloud-native solutions and enables organizations to optimize their business operations, adhere to regulatory compliance, and enhance customer experience.
Partners
growth-positive
GigaSpaces Announces Version 15.5, Simplifying and Scaling Hybrid and Multi-Cloud Deployments to Empower Digital Transformation Initiatives
GigaSpaces, the provider of InsightEdge, an in-memory data and analytics processing platform, has announced the release of GigaSpaces InsightEdge version 15.5. The new version simplifies and scales hybrid and multi-cloud deployments to support digital transformation initiatives. It adds new efficiency and automation capabilities to its Ops Manager module for easier monitoring, management and automatic provisioning of resources across all environments. The platform also provides smooth testing and deployment of microservices with no management overhead or service disruption. The new version focuses on realizing the value of hybrid and multi-cloud deployments, perfecting microservices, and simplifying management and operations.
CustomersExpand
growth-positive
Private-equity Fund Fortissimo Leads $12 Million GigaSpaces Funding Round
Fortissimo Capital has led a $12 million funding round in GigaSpaces Technologies Inc. with the intention of acquiring additional stakes in the company to become a majority owner. GigaSpaces, which offers platforms for mission-critical applications, has doubled its workforce and reported record-breaking results in 2019. The investment will be used to grow their product and develop their cloud platform. GigaSpaces technology enables enterprises to operationalize machine learning and transactional processing for real-time insights. The company has a strong customer base including Bank of America, Goldman Sachs, and Amazon. Fortissimo Capital is a private equity fund that primarily invests in Israeli-related technology and industrial companies.
Investment
growth-positive
GigaSpaces Announces Version 15.2, Doubling Performance
GigaSpaces has announced the release of GigaSpaces 15.2, which doubles performance and introduces the GigaOps Stack for improved DataOps functionality. The new version aims to simplify and streamline application development and deployment, supporting digital transformation initiatives. GigaSpaces 15.2 focuses on higher performance, simpler operations, and security hardening. It includes features such as ElasticGrid, New Improved Ops Manager, gsctl, and a Monitoring Stack. The release aims to address the growing need for time-sensitive, data-driven business decisions and optimize the management of hybrid transactional processing, analytics, and machine learning operations.
CustomersPartners
growth-positive
GigaSpaces Launches GigaSpaces Cloud Managed Service on Google Cloud Platform
GigaSpaces is providing their in-memory computing platform, InsightEdge, as a managed service on Google Cloud Platform. Customers can deploy InsightEdge with a single click to process and analyze streaming, hot, and cold historical data at extreme speed and scale. The service offers connectivity to any database, interactive SQL queries, access to data lakes, connectors to business intelligence applications, and more. GigaSpaces aims to simplify deployment and management while ensuring a no-downtime service. The partnership with Google Cloud will help customers drive their digital transformation initiatives and improve business performance through better data analytics. GigaSpaces is hosting a webinar about their new cloud service on March 4th.
Partners
GigaSpaces Plans Spinoff of Cloudify Division to Focus on Enterprise Hybrid Cloud Management and Network Orchestration
growth-positive
One DevOps tool for all clouds: Cloudify ZDNet
Cloudify, an open-source orchestration software company, claims to support all the top five public clouds and Azure, OpenStack, and VMware with its latest release, Cloudify 3.4. The program uses Googles Kubernetes to run microservices on top of Kubernetes and manages composition and dependency management between services. It offers support for hybrid stacks, orchestrating containers, and non-containerized stacks through new Kubernetes support. Cloudifys target audience is enterprises that want to use a single, open-source cloud orchestration program across multiple cloud architectures. The new features in Cloudify 3.4 include enhanced hybrid cloud support, support for the entire VMware cloud and virtualization stack, and deployment updates. Cloudify 3.4 is now available for download.
CustomersPartners
growth-positive
Israeli cloud solutions co GigaSpaces raises $20m
Israeli cloud solutions company GigaSpaces Technologies Inc. has raised over $20 million in a new financing round led by Claridge Israel (CI) and with the participation of existing investors. The funding will accelerate global awareness and adoption of GigaSpaces cloud application orchestration and data scalability solutions, drive continued product innovation, and expand its sales organization worldwide. GigaSpaces is well positioned in the areas of cloud and real-time analytics, and the investment will allow the company to leverage its capabilities and further scale its business.
InvestmentExpand
GigaSpaces Technologies Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 125 |
| Team members | 4 |
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GigaSpaces Technologies Internal
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Natalia Golczar |
| Registrar ID | 512803594 |
| Crunchbase | gigaspaces-technologies |
| Phone | +97299526751 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2022-08-25T00:00:00.000Z |
| Created | 2014-08-21T00:00:00.000Z |