About

Founded

2022

Headquarters

Tel Aviv, Israel

Industry

Cloud, Data

Company Description

Dragonfly is a source-available, multi-threaded Redis® replacement built for modern cloud workloads. Scales vertically, fully utilizing modern multi-core instances, resulting in dramatically better performance and lower cost.

Quick Links

Website Jobs

Funding

Total Raised

$21 million

Valuation

Undisclosed

Significant Investors

Redpoint Ventures, Quiet Capital

Company Traction

As of July 2023, DragonflyDB claims its software has 25x more QPS and 12x faster snapshotting than Redis.

As of July 2023, DragonflyDB claims it offers 30% less memory usage than other market offerings.

Leadership Team

Oded Poncz: Co-Founder & CEO of DragonflyDB. Former VP of Engineering at Quotient Technology.

Roman Gershman: Co-Founder of DragonflyDB. Former Principal Engineer at AWS at Amazon.

Nicholas Gottlieb: VP of Engineering at DragonflyDB. Former VP of Growth at Serverless.

Press

TechCrunch (March 21, 2023): Dragonfly, a startup developing a ‘drop-in’ replacement for Redis, raises $21M

DragonflyDB