Dragonfly
Tel Aviv, Israel
Founded 2022
Dragonfly is an in-memory data store built for modern application workloads, offering full API compatibility with Redis, Valkey, and Memcached. Its multi-threaded architecture delivers up to 25x more throughput than Redis and can run on up to 80% fewer resources, making it well-suited for high-scale caching, feature stores, and job queues. Dragonfly is available as an open-source project under the Business Source License and as a fully managed cloud service called Dragonfly Cloud.
Websites:
Last Updated: March 29, 2026
Current Valuation
$90M
as of March 31, 2023 (Source)
Funding Summary
$21M
Total reported funding
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Key People
Core OSS Projects
Business Information
Technologies
Redis
Cloud
Database
In-Memory Database
Caching
Sectors
Enterprise
Licenses
BUSL-1.1
Socials and Communities
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