About
Hyperspace is a hyper performance hybrid search database that blends keyword and vector search, being a key infrastructure element within a wide spectrum of AI applications. Unlike traditional software-based solutions, Hyperspace uses custom computing power to drive its search so companies can perform any query at any time at any scale with uncompromised consistency and confidence while minimizing costs.
This technology allows search architects to conduct more profound searches in real-time, measured in milliseconds. This capability proves transformative in various applications, including recommendation systems, fraud detection, e-commerce, and cybersecurity.
Funding history · 4 rounds · $17.0M total
Company Intelligence Q&A
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- When was Hyperspace founded and where is its headquarters located?
- Hyperspace was founded in February 2021 and is headquartered in Tel Aviv-Yafo, Israel.
- What is Hyperspace's core technology?
- Hyperspace develops a hyper-performance hybrid search database that combines keyword and vector search, utilizing custom computing power for AI applications.
- What is the total amount of funding Hyperspace has raised to date?
- Hyperspace has raised a total of $17,000,000 USD across multiple funding rounds.
- When did Hyperspace complete its Pre-Seed funding round and who was the lead investor?
- Hyperspace completed its Pre-Seed funding round in February 2021, with JVP as the lead investor.
- Which investors participated in Hyperspace's Seed round in June 2022?
- MizMaa Ventures led Hyperspace's Seed round in June 2022, with participation from Benny Schnaider, toDay Ventures, JVP, and Secret Chord Ventures.
- What was the most recent funding round for Hyperspace, and how much was raised?
- Hyperspace's most recent funding round was a Seed round in August 2024, raising $9,500,000 USD. MizMaa Ventures led this round.
- How many employees does Hyperspace currently have?
- Hyperspace currently has 19 employees.
- Who are the founders of Hyperspace?
- The founders of Hyperspace are Ohad Levi and Max Nigri.
- What was reported about Hyperspace in August 2024 by TechCrunch?
- In August 2024, TechCrunch reported that Hyperspace is using 'domain-specific computing' to accelerate database searches.