Hazelcast revenue hit $7.3M in 2024

Hazelcast generates revenue from customers

Hazelcast

Palo Alto, California, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Hazelcast hit $7.3M revenue with a 204 person team in 2023.

Provider of an open source in-memory data grid platform designed to modernize existing applications. The company's open source in-memory data grid platform with installed clusters offer operational in-memory computing, enabling companies to manage their data and distribute processing using in-memory storage and parallel execution for breakthrough application speed and scale.

Founded

2008

Founded

Revenue

$7.3M

2023 Revenue

YOY

24.4%

YOY

Funding

$63.6M

Funding

Hazelcast Revenue

In 2023, Hazelcast revenue run rate hit $7.3M in revenue.

  • 2023

    Hazelcast hit $7.3M in revenue in 2023

  • 2021

    Hazelcast hit $4.9M in revenue in 2021

  • 2008

    Hazelcast launched in 2008 with $0 revenue

Hazelcast Funding History

  • 2020

    Hazelcast raised a of in February, 2020

  • 2019

    Hazelcast raised a of in June, 2019

  • 2014

    Hazelcast raised a of in September, 2014

  • 2013

    Hazelcast raised a of in September, 2013

FUNDING DATE ROUND AMOUNT VALUATION
February, 11 2020
June, 18 2019
September, 18 2014
September, 19 2013

Team

Hazelcast has 204 total employees and 5 sales reps that carry a quota. an engineering team of 21 and a marketing team of 3.

DISTRIBUTION QTY
Total team size 204
Engineer 21 (10%)
Sales 5 (2%)
Marketing 3 (1%)

Founder / CEO

Kelly Herrell

Identifies Opportunities: Unique grasp of technology/market/economic interlock Makes, Takes Markets: Rapidly creates dominant position & perception Scales Companies: Builds teams to long-term, highly-differentiated visions Software-Centric: Even for hardware-packaged solutions Leverage: Venture, Strategic Four Start-Ups: Two IPO, two M&A

Q&A

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Customers

Churn

Hazelcast Executives

Name Position Working Email Personal Email
Kelly Herrell CEO [email protected] -

Hazelcast Employees

Name Position Working Email Personal Email
Kelly Herrell CEO [email protected] -

Frequently Asked Questions about Hazelcast

  • When was Hazelcast founded?

    Hazelcast was founded in 2008.

  • How much revenue does Hazelcast generate?

    Hazelcast generates $7.3M in revenue.

  • Who is the CEO of Hazelcast

    The CEO of Hazelcast is Kelly Herrell.

  • How much funding does Hazelcast have?

    Hazelcast raised $63.6M.

  • How many employees does Hazelcast have?

    Hazelcast has 204 employees.

  • Where is Hazelcast headquarters?

    Hazelcast is headquartered at Palo Alto, California, United States

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