# Hazelcast

> Hazelcast makes software that keeps frequently used data in memory and processes event streams near that data, helping enterprises make low-latency decisions. Its free Community Edition feeds an enterprise subscription business built around production features, support and resilience.

- **Founded:** 2012
- **Headquarters:** Palo Alto, United States
- **Founders:** Talip Ozturk (Founder; former CTO)
- **Products:** Hazelcast Platform, Hazelcast Platform Community Edition, Hazelcast Platform Enterprise Edition, Hazelcast Management Center, Vector Collections
- **Notable:** Hazelcast says a top-ten U.S. bank avoided $100 million in annual fraud losses using its platform., The company reports that the same bank processed 5,000 transactions per second with 2 TB of customer data held in memory., Hazelcast says PSA Antwerp reduced operational costs by 33%.

## Products & services

- **Hazelcast Platform** — Unified runtime for a fast distributed data store, compute and stream processing.
- **Hazelcast Platform Community Edition** — Free open source edition with core data store and stream processing capabilities.
- **Hazelcast Platform Enterprise Edition** — Subscription edition with additional production features, patch releases and support.
- **Hazelcast Management Center** — Web interface for monitoring and managing clusters.
- **Vector Collections** — Similarity search data structure, at release candidate status in Platform 5.7.

## Achievements

- Hazelcast says a top-ten U.S. bank avoided $100 million in annual fraud losses using its platform.
- The company reports that the same bank processed 5,000 transactions per second with 2 TB of customer data held in memory.
- Hazelcast says PSA Antwerp reduced operational costs by 33%.

## Latest updates

- **2026-08** — Enterprise Platform 5.7.1 maintenance release.
- **2026-05** — Platform 5.7 introduced Advanced CP and moved Vector Collections to release candidate status.
- **2025-10** — Platform 5.6 added dynamic diagnostic logging in beta and vector collection improvements.

## Links

- Website: https://hazelcast.com
- LinkedIn: https://www.linkedin.com/company/hazelcast
- Twitter/X: https://twitter.com/hazelcast
- GitHub: https://github.com/hazelcast
- YouTube: https://www.youtube.com/channel/UCcmAc2DAdFXSI9nx85ifsyw
- Facebook: https://www.facebook.com/hazelcast

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Profile page: https://yespress.io/hazelcast
Published by YesPress — https://yespress.io
Last updated: 2026-09-29