GigaSpace

GigaSpaces Technologies, established in 2000, is a private software company providing in-memory computing platforms for real-time data processing, analytics, and extreme transaction processing. It was founded by Nati Shalom, who initially served as the Chief Technology Officer, and Eli Cohen. The company is headquartered in New York City, with additional offices in Israel, Europe, and Asia.

The firm's core business revolves around its in-memory computing and operational data store technologies, designed to help enterprises simplify digital transformation and accelerate insight-driven services. GigaSpaces serves a diverse client base that includes tier-1 organizations in financial services, retail, telecommunications, transportation, and healthcare. Notable clients include Morgan Stanley, Bank of America, UBS, and American Airlines. The business model is centered on providing software solutions that enable companies to manage and analyze large volumes of data with high speed and low latency, ultimately reducing the total cost of ownership for legacy systems.

GigaSpaces offers a suite of products including the Smart Digital Integration Hub (DIH), Smart Cache, and GigaSpaces Cloud. The Smart DIH is a flagship product that functions as a middleware to simplify the development and launch of digital services by unifying data from disparate sources into a single model accessible via APIs. The company's InsightEdge platform is engineered for fast data analytics and AI, allowing organizations to process and analyze big data for immediate business impact. Initially, the company focused on distributed computing for extreme transaction processing with its XAP (eXtreme Application Platform) product. Over the years, it has expanded its offerings, launching the open-source platform-as-a-service Cloudify in 2012 (which was later spun off), InsightEdge in 2016 for real-time analytics, and GigaSpaces Cloud on Google Cloud Platform in 2020.

The company has secured significant funding over its history, raising a total of \$61.5 million over nine rounds from investors such as Intel Capital, Fortissimo Capital, and Leumi Partners. Key funding milestones include a \$12 million round in May 2020 and a \$13.5 million round in November 2021. Adi Paz currently leads the company as CEO, bringing nearly two decades of experience in business management and strategic sales to guide the company's vision.

Keywords: in-memory computing, data processing, digital integration hub, real-time analytics, big data, middleware, financial services technology, enterprise software, data scalability, extreme transaction processing, Smart DIH, InsightEdge, cloud orchestration, data grid, low-latency data, API-powered applications, legacy modernization, customer-360, data virtualization, generative AI data solutions