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.
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 (DIH) 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.