GigaSpaces

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.

History

GigaSpaces was founded in 2000 by Nati Shalom. The company initially focused on distributed computing and later expanded into in-memory technologies. In 2012, GigaSpaces introduced the open-source platform-as-a-service project Cloudify. In 2016, it launched the real-time analytics platform InsightEdge. Cloudify was spun off as an independent company in 2017.
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.
In May 2020, GigaSpaces announced $12 million financing led by Fortissimo Capital.
In 2021, GigaSpaces introduced the Smart Digital Integration Hub and secured an additional US$13.5 million in growth funding.
In 2022, the company announced strategic partnerships with IBM and Wix to build a digital innovation platform based on DIH.
In 2024, GigaSpaces launched eRAG, a retrieval-augmented GenAI tool that delivers the context of structured data to LLMs, at IBM Think.