Dragonfly
High-performance in-memory data store
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
Media Mention
June 5, 2026
dev.to: Migrate Redis to DragonflyDB on Bare Metal: The Enterprise SRE Playbook
Media Mention
May 26, 2026
DEV Community: The Treasure Hunt Engine That Broke Before the Traffic Did - DEV Community
Media Mention
May 25, 2026
DEV Community: It Was 2024 When We Tried to Outsmart the Treasure Hunt Engine - DEV Community
Media Mention
April 29, 2026
DEV Community: Deep Dive: 2026 Redis 8 Hash Slot Internals vs. Dragonfly 1.0 for Clustering
Media Mention
April 27, 2026
DEV Community: Redis 9 vs. Dragonfly 1.20: Throughput and Memory Efficiency Benchmarks for Caching Layers
Key People
Core OSS Projects
Business Information
Category
DatabaseTechnologies
RedisCloudIn-Memory DatabaseCaching
Sectors
Enterprise
Licenses
BUSL-1.1
Similar Companies
Socials and Communities
Cossmology Badge
COSS Weekly Newsletter
Stay up to date with the latest news, funding rounds, and announcements from the COSS universe.
Check out COSS Weekly on the web