What is GigaSpaces?
GigaSpaces specializes in delivering comprehensive application virtualization platforms and robust end-to-end scaling solutions. Their offerings encompass data management, business logic execution, event and messaging services, web application support, and integrated management and monitoring capabilities, all designed to facilitate cloud-enabled environments. The company's focus on providing scalable and agile infrastructure positions it as a key player in the enterprise software sector, enabling businesses to optimize their application performance and resource utilization.
How much funding has GigaSpaces raised?
GigaSpaces has raised a total of $20M across 3 funding rounds:
Other Financing Round
$3M
Series C
$5M
Other Financing Round
$12M
Other Financing Round (2005): $3M with participation from Formula Vision Technologies and BRM Capital
Series C (2007): $5M led by Intel Capital and BRM Capital
Other Financing Round (2020): $12M supported by Claridge Israel, BRM Group, and Fortissimo Capital
Key Investors in GigaSpaces
Formula Vision Technologies
Formula Vision Technologies is an entity involved in the enterprise technology sector, likely focusing on investments that enhance application performance and scalability.
BRM Capital
BRM Capital is a venture capital firm with a history of providing substantial funding to companies, potentially specializing in technology and growth-stage enterprises.
Intel Capital
Intel Capital is the venture capital arm of Intel, known for investing in innovative technology companies across various sectors, including enterprise solutions and cloud computing.
What's next for GigaSpaces?
The recent major strategic investment signifies a pivotal moment for GigaSpaces, indicating strong investor confidence and providing the capital necessary for accelerated growth and market expansion. This infusion of funds is likely to fuel further development of their application virtualization technology, enhance their end-to-end scaling solutions, and broaden their reach into new enterprise markets. GigaSpaces is poised to leverage this strategic backing to solidify its position and drive innovation in the competitive cloud solutions landscape.
See full GigaSpaces company page
