GridGain Systems
Latest round
- Series B
Last raised
- Feb 2016
Total raised
- $28M
Investors
- 4
About GridGain Systems
GridGain Systems, Inc.GridGain Systems provides a unified platform designed to manage real-time data tasks. Founded by Nikita Ivanov, the company is headquartered in Foster City, US.GridGain offers a unified real-time data storage and processing platform capable of handling transactions, analytics, and AI workloads with impressive performance. The core product, the GridGain Platform, features a distributed, ACID-compliant multi-model database that enables real-time execution of various workloads. This allows for efficient data consolidation and complex calculations, addressing needs in risk management, decision-making, and event processing. GridGain serves a diverse clientele in financial services, telecommunications, and retail sectors, with a presence in North America, Europe, and Asia.GridGain operates on a subscription-based revenue model, wherein clients pay for access to the GridGain Platform and associated services, including consulting and training. Typically, enterprises sign annual contracts that encompass software licenses and technical support. For example, financial institutions leveraging GridGain for data processing may enter structured agreements covering licensing fees and ongoing consultation.GridGain aims to enhance its product lineup with upcoming releases designed to advance its existing capabilities. The company is focused on expanding its geographic footprint, targeting markets in Europe and Asia by the end of 2023. In March, MariaDB Corporation Ab, a portfolio company of K1 Investment Management, agreed to acquire GridGain Systems, Inc. from Almaz Capital, R136, RTP Global, SBT Venture Capital.
Who invested in GridGain Systems
4 investors across 3 rounds
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Questions about GridGain Systems
Who invested in GridGain Systems?
GridGain Systems has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GridGain Systems raised?
GridGain Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did GridGain Systems last raise money?
GridGain Systems's most recent round on record is a Series B, in Feb 2016.
What does GridGain Systems do?
GridGain Systems is a software company.
Where is GridGain Systems headquartered?
GridGain Systems is headquartered in Palo Alto, US.
Which VCs invest in companies like GridGain Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at GridGain Systems's stage. Their profiles are linked below.
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