Hyperspace Overview
Hyperspace is a hyper performance hybrid search database that blends keyword and vector search, being a key infrastructure element within a wide spectrum of AI applications. Unlike traditional software-based solutions, Hyperspace uses custom computing power to drive its search so companies can perform any query at any time at any scale with uncompromised consistency and confidence while minimizing costs. This technology allows search architects to conduct more profound searches in real-time, measured in milliseconds. This capability proves transformative in various applications, including recommendation systems, fraud detection, e-commerce, and cybersecurity.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Hyperspace is using 'domain-specific computing' to accelerate database searches | TechCrunch
Hyperspace, a company that uses domain-specific computing to accelerate database tasks, has raised $9.5 million in seed funding. The companys instances, which use a combination of FPGAs and GPUs, can deliver up to 10 times faster searches than traditional databases. Hyperspaces databases can handle various types of structured and unstructured data, including videos, images and text. The company has already signed deals with enterprises in the fraud prevention and e-commerce spaces, including Forter, nSure and Renovai. The funding will be used to scale up Hyperspaces database offering and launch a free, entry-level plan.
InvestmentCustomersExpand
| Sector | Business Software |
Funding
| Total funding | $17M |
| Last funding | $9.5M |
| Stage | Seed |
| Rounds | 4 |
| Investors | 6 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.hyper-space.io |
Locations
Yigal Alon St 114, Tel Aviv-Yafo, Israel
Photos & Videos
No files yet
