Hazelcast, leader in in-memory computing, just raised $50m for its over-subscribed series D. The total reaches now $63.6M. In addition to the round, a growth debt facility is supported by Comerica Bank.It will serve to accelerate the geo expansion, product developments and marketing initiatives especially the reseller agreement with IBM announced in October 2019.
This partnership is a key element of IBM Cloud Pak solutions with an enterprise-grade in-memory computing platform for new demanding application challenges.
Hazelcast is a recognized platform around in-memory computing with IMDG but also with Jet an in-memory stream processing engine and a Cloud flavor today available on AWS and soon on Azure and GCP.
2020 will be definitely a pivot year for Hazelcast.
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