Dragonfly - About the company
Dragonfly is a series A company based in Tel Aviv (Israel), founded in 2022 by Oded Poncz. It operates as a Provider of a platform offering in memory database. Dragonfly has raised $21M in funding from Redpoint Ventures and Quiet Capital. The company has 57 active competitors, including 14 funded and 5 that have exited. Its top competitors include companies like Redis, GridGain and Zilliz.
Company Details
Provider of a platform offering in-memory database. It offers an in memory data store designed to scale vertically and make efficient use of the underlying hardware. It also gives users a complete, modern engine architecture that is fully compatible with the Redis and Memcached APIs.
- Website
- www.dragonflydb.io/
- Social
- Email ID
- *****@dragonflydb.io
Key Metrics
Founded Year
2022
Location
Tel Aviv, Israel
Stage
Series A
Total Funding
$21M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 57 active competitors
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Dragonfly's funding and investors
Dragonfly has raised a total funding of $21M over 2 rounds. Its first funding round was on Mar 21, 2023. Its latest funding round was a Series A round on Mar 21, 2023 for $*****. 1 investor participated in its latest round. Dragonfly has 2 institutional investors.
Here is the list of recent funding rounds of Dragonfly:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 21, 2023 | 3574788 | Series A | 1055730 | 4906974 | 9655840 | 9768721 |
Mar 21, 2023 | 5103788 | Seed | 5348042 | 9184815 | 7221415 |
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Dragonfly's founders and board of directors
Founder? Claim ProfileThe founders of Dragonfly is Oded Poncz. Oded Poncz is the CEO of Dragonfly.
Here are the details of Dragonfly's key team members:
- Oded Poncz: Co-Founder and CEO of Dragonfly.
View details of Dragonfly's Founder profiles and Board Members
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Dragonfly's Competitors and alternates
Top competitors of Dragonfly include Redis, GridGain and Zilliz. Here is the list of Top 10 competitors of Dragonfly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Redis 2011, Mountain View (United States), Series G | Cloud based in memory database platform | $355M | 74/100 | |
2nd | GridGain 2007, Foster City (United States), Acquired | Provider of a unified real-time data platform for AI, analytics | $33.4M | 71/100 | |
3rd |  Zilliz 2017, San Francisco (United States), Series B | Provider of a vector similarity search engine and data processing platform | $113M | 59/100 | |
4th | Provider of a platform offering in memory database | $21M | 56/100 | ||
5th |  Volt Active Data 2009, Bedford (United States), Series C | Developer of a data platform for real-time streaming and decisions | $48.6M | 55/100 | |
6th |  Memgraph 2016, London (United Kingdom), Seed | Developer of a graph database for real-time AI context solutions | $14.2M | 54/100 | |
7th | GigaSpaces 2000, Herzliya (Israel), Series E | Platform offering real-time data processing solutions | $61.5M | 51/100 | |
8th | In-memory MPP data querying | - | 51/100 | ||
9th |  Voltron Data 2021, Mountain View (United States), Series A | Apache arrow ecosystem for accelerating analytical tools | $110M | 49/100 | |
10th | Splice Machine 2012, San Francisco (United States), Series B | Relational Database powered by HBASE and Hadoop | $75M | 49/100 |
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Dragonfly's Investments and acquisitions
Dragonfly has made no investments or acquisitions yet.
News related to Dragonfly
Media has covered Dragonfly for 1 event in last 1 year.
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