
Speedment
Real-Time Access to Big Data | Enterprise Solution for Business Analytics.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor | €0.0 | round | |
$1.0m | Debt | ||
Total Funding | 000k |
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Speedment operates in the software development market, providing tools that enhance Java application performance and simplify database querying. The company's core product, JPAStreamer, allows developers to write type-safe Hibernate queries using Java Streams, making the code more concise and readable. This tool is particularly beneficial for Java developers who seek a more intuitive way to interact with databases, similar to LINQ in C#. Speedment's unique in-JVM memory management model accelerates application response times and reduces database load, addressing performance bottlenecks effectively. The business model revolves around offering both open-source and premium versions of their software, generating revenue through licensing and support services. Speedment serves a diverse range of clients, from small startups to large enterprises, who require efficient and scalable database solutions. The company also supports the modernization of existing software systems, enabling them to meet contemporary demands without extensive migrations. By decoupling the application layer from the underlying data source, Speedment lowers maintenance costs and enhances system flexibility.
Keywords: Java Streams, Hibernate, database querying, type-safe, in-JVM memory, performance optimization, JPAStreamer, software modernization, cloud deployment, microservices.