Company:GigaSpaces
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| Type | Private |
|---|---|
| Industry | Software |
| Founded | 2000 |
| Founders | Nati Shalom |
| Headquarters | New York City, United States , |
Key people | Adi Paz (CEO) Ira Palti (Executive Chairman) |
| Products |
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| Website | www |
GigaSpaces Technologies Inc. is a private American software company founded in 2000 and headquartered in New York City. The company develops software for real-time and AI data solutions, including eRAG, an enterprise retrieval-augmented generation platform for natural-language querying and semantic reasoning of structured operational data.
Its other products include SmartDIH and XAP, used in in-memory computing and low-latency processing across industries such as finance, retail and transportation.[1][2][3][4]
History
GigaSpaces was founded in 2000 by Nati Shalom. The company initially focused on distributed computing and later expanded into in-memory technologies.[1][5] [2][6] In 2012, GigaSpaces introduced the open-source platform-as-a-service project Cloudify.[1] In 2016, it launched the real-time analytics platform InsightEdge.[1][7][8] Cloudify was spun off as an independent company in 2017.[1][9][10]
In 2020, the company launched managed services on Google Cloud Platform and raised US$12 million in funding led by Fortissimo Capital, bringing the total investment to US$47 million.[4][11][12]
In May 2020, GigaSpaces announced $12 million financing led by Fortissimo Capital.[13]
In 2021, GigaSpaces introduced the Smart Digital Integration Hub (DIH) and secured an additional US$13.5 million in growth funding.[1][11]
In 2022, the company announced strategic partnerships with IBM and Wix to build a digital innovation platform based on DIH.[14][15]
In 2024, GigaSpaces launched eRAG, a retrieval-augmented GenAI tool that delivers the context of structured data to LLMs, at IBM Think.[16][17][18]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "GigaSpaces: remember in-memory for (faster & bigger) big data crunching - CW Developer Network". https://www.computerweekly.com/blog/CW-Developer-Network/GigaSpaces-remember-in-memory-for-faster-bigger-big-data-crunching.
- ↑ 2.0 2.1 "GigaSpaces Grabs More" (in en). https://www.lightreading.com/cloud/gigaspaces-grabs-more.
- ↑ "#NYCtech Week in Review: 5/3/20-5/9/20 – AlleyWatch" (in en-US). https://www.alleywatch.com/2020/05/nyctech-week-in-review-5-3-20-5-9-20/.
- ↑ 4.0 4.1 Kovar, Joseph F.. "In-Memory Analytics Tech Developer GigaSpaces Closes $12 Million Funding Round | CRN". https://www.crn.com/news/storage/in-memory-analytics-tech-developer-gigaspaces-closes-12-million-funding-round.
- ↑ "GigaSpaces Technologies Inc - Company Profile and News" (in en). https://www.bloomberg.com/profile/company/8231069Z:US.
- ↑ "GigaSpaces | IBM" (in en). 2024-05-14. https://www.ibm.com/case-studies/gigaspaces.
- ↑ staff (2017-07-24). "GigaSpaces Launches InsightEdge 2.1 to Accelerate Insight-Driven Transformation" (in en-US). https://insidehpc.com/2017/07/gigaspaces-launches-insightedge-2-1-accelerate-insight-driven-transformation/.
- ↑ "GigaSpaces Launches the Next Generation Apache Spark Distribution – BRM" (in en-US). https://www.brm.com/news-items/gigaspaces-launches-the-next-generation-apache-spark-distribution/.
- ↑ "GigaSpaces Spins Off Cloudify, Its Open Source Cloud Orchestration Uni" (in en). https://www.datacenterknowledge.com/automation/gigaspaces-spins-off-cloudify-its-open-source-cloud-orchestration-unit.
- ↑ Yates, Parker (2017-07-27). "GigaSpaces Plans Spinoff of Cloudify Division to Focus on Enterprise Hybrid Cloud Management and Network Orchestration" (in en-US). https://devops.com/gigaspaces-plans-spinoff-cloudify-division-focus-enterprise-hybrid-cloud-management-network-orchestration/.
- ↑ 11.0 11.1 "Leumi Partners invests in GigaSpaces, alongside existing shareholders (Claridge Israel, BRM and Fortissimo)". https://www.claridgeil.com/news.php?story=17&lang=EN&action=0&ft=1.
- ↑ "GigaSpaces In-Memory Analytics Platform Now a Managed Google Cloud Service -" (in en-US). https://virtualizationreview.com/Articles/2020/02/14/gcp-gigaspaces.aspx.
- ↑ "GigaSpaces Announces $12 Million Financing Led by Fortissimo Capital to Accelerate Rapid Expansion" (in en-US). https://www.marketwatch.com/press-release/gigaspaces-announces-12-million-financing-led-by-fortissimo-capital-to-accelerate-rapid-expansion-2020-05-05.
- ↑ Simone, Stephanie (2022-07-11). "GigaSpaces Partners with IBM and Wix to Create Open Platform for Enterprise Digital Innovation" (in en-US). https://www.dbta.com/Editorial/News-Flashes/GigaSpaces-Partners-with-IBM-and-Wix-to-Create-Open-Platform-for-Enterprise-Digital-Innovation-153837.aspx.
- ↑ "Five Minute Briefing: Data Center - July 11, 2022 - Database Trends and Applications". https://www.dbta.com/Newsletters/5MB-Data-Center/July-11-2022-11979.aspx.
- ↑ Yao, Deborah (2025-07-15). "IBM, AWS Deepen AI Collaboration to Help Enterprises Scale Agentic AI" (in en-US). https://theaiinnovator.com/ibm-aws-deepen-ai-collaboration-to-help-enterprises-scale-agentic-ai/.
- ↑ "Better governance of dynamic structured data in Generative AI with GigaSpaces eRAG | IBM & Red Hat on AWS". 2024-12-10. https://aws.amazon.com/blogs/ibm-redhat/better-governance-of-dynamic-structured-data-in-generative-ai-with-gigaspaces-erag/.
- ↑ "Reimagining Operational Data with GenAI and GPT" (in en). https://www.techshowmadrid.es/en/tech-show-madrid/ponencia-gigaspaces.
External links
- Cohen, Reuven (2012-06-22). "An unStructured Future For Cloud Computing". Forbes. https://www.forbes.com/sites/reuvencohen/2012/06/22/a-unstructured-future-for-cloud-computing/.
- Fellows, William (2012-06-18). "GigaSpaces refreshes its 'classic' distributed-grid product for 'big data'". 451 Group. https://451research.com/report-short?entityId=72831.
- Pezzini, Massimo (2012-05-29). "GigaSpaces' XAP 9.0 Supports New Ways to Tackle Big Data". Gartner. http://www.gartner.com/id=2029117.
- "GigaSpaces Announces New Cloudify Community to Support Open Source Product". Reuters. 2012-03-27. https://www.reuters.com/article/2012/03/27/idUS191334+27-Mar-2012+BW20120327.
- Gualtieri, Mike (2011-05-08). "Cloud Computing Will Save IT Millions, But Only If You Have Elastic Applications". Forrester. http://blogs.forrester.com/mike_gualtieri/11-05-08-cloud_computing_will_save_it_millions_but_only_if_you_have_elastic_applications.
- "For iPhone Launch, Razorfish Uses an Elastic Application Platform". Forrester. 2010-03-19. http://www.forrester.com/For+iPhone+Launch+Razorfish+Uses+An+Elastic+Application+Platform/fulltext/-/E-RES55858.
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