Speedb Raises $4M in Funding

Speedb, a Tel Aviv, Israel-based drop-in embeddable solution compliant with RocksDB storage engines, raised $4m in funding.

Hyperwise Ventures made the investment.

The company intends to use the funds to expand operations and its business reach.

Founded in November 2020 and led by Adi Gelvan, CEO, Speedb provides a drop-in replacement for RocksDB embedded storage engine for hyperscale data operations.

The company also announced a strategic alliance with Redis, a provider of a real-time data platform. Its enterprise-grade data engine technology will now be offered by Redis to their more than 8,000 customers as an option to support the largest deployments for Redis on Flash use cases.