Hazelcastrevenue & funding
Key Value DatabasesPalo Alto, CaliforniaFounded 2008CEO Kelly Herrell
Hazelcast is a Key Value Databases company based in Palo Alto, founded in 2008.
Hazelcast revenue
Hazelcast has not published its revenue. GetLatka estimates it at about $9.2M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $4.9M | – |
| Oct 2023 | $7.3MEST. | GetLatka estimate |
| Oct 2024 | $9.2MEST. | GetLatka estimate |
– source not recorded
Hazelcast funding rounds & investors
Hazelcast has raised $63.6M across four rounds since 2013. The latest was a $28.5M funding round in February 2020.
| Date | Round | Raised |
|---|---|---|
| Feb 2020 | Funding round | $28.5M |
| Jun 2019 | Funding round | $21.5M |
| Sep 2014 | Funding round | $11M |
| Sep 2013 | Funding round | $2.6M |
| Total raised | $63.6M |
Hazelcast competitors
Hazelcast competes most directly with Redis.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Redis | $300M | $355.6M | 501 | 8.5K | 2011 |
| Hazelcast | $9.2M | $63.6M | 189 | – | 2008 |
Hazelcast CEO, founders & employees
Kelly Herrell founded Hazelcast in 2008 and runs it as CEO. Hazelcast had 189 employees (December 2024, LinkedIn), down from 204 a year earlier.
- Kelly HerrellFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 189 | |
| Oct 2024 | 204 | |
| Oct 2023 | 204 | |
| Oct 2022 | 187 | |
| Dec 2021 | 165 | |
| Apr 2021 | 142 | – |
Hazelcast FAQ
What is Hazelcast's revenue?
GetLatka estimates Hazelcast's revenue at about $9.2M a year (October 2024). The company hasn't published its own figure.
How much funding has Hazelcast raised?
Hazelcast has raised $63.6M across four funding rounds. The latest was a $28.5M funding round in February 2020.
How many employees does Hazelcast have?
Hazelcast had 189 employees in December 2024, according to LinkedIn.
Who is the CEO of Hazelcast?
Kelly Herrell is the CEO of Hazelcast and founded the company in 2008.
Who founded Hazelcast?
Kelly Herrell founded Hazelcast in 2008.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 23, 2024Data disclaimerReport a correctionClaim this profileRun Hazelcast? Join the podcast