Hyperspace (Seed)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
August 7, 2024
Vertical
Database Management
Funding Amount
$9,500,000
Company Info
Founding Year
2023
Traction
Hyperspace has inked deals with enterprises in the fraud prevention and e-commerce spaces and has tripled its annual recurring revenue and total contract volume over the last year.
Organizations Involved
Forter, nSure, Renovai
Founders
Ohad Levi, Max Nigri
Market
AI and Generative AI Applications
Location
Tel Aviv, Tel Aviv, Israel
Coinvestors
MizMaa, JVP, toDay Ventures
Company Description

Hyperspace is a native hybrid search database that blend both lexical and vector search to drive the most relevant information retrieval.