GigaSpaces, a NYC-based provider of an in-memory real-time analytics and data processing platform, closed a round of funding of $12m.
The round was led by Fortissimo Capital with participation from existing investors Claridge Israel and BRM Group.
The company intends to use the funds to accelerate rapid growth, scale global expansion, further develop collaboration with partners, and accelerate product innovation.
Led by Adi Paz, CEO, GigaSpaces provides in-memory computing platforms for real-time insight to action and extreme transactional processing. With GigaSpaces, enterprises can operationalize machine learning and transactional processing to gain real-time insights on their data and act upon them in the moment. The always-on platforms for mission-critical applications across cloud, on-premise or hybrid, are leveraged by used by Tier-1 and Fortune-listed organizations worldwide across financial services, retail, transportation, telecom, healthcare, and more. GigaSpaces offices are located in the US, Europe and Asia.
FinSMEs
05/05/2020