Hazelcast Closes $21.5 Million to Advance In-Memory Computing Leadership, Bring System of Now to Enterprises PALO ALTO, Calif., June 18, 2019-- Hazelcast, the leading in-memory computing platform that delivers the System of Now™, today announced it has closed a $21.5 million funding round led by new investor C5 Capital, a UK-based venture capital firm focused on cybersecurity, data analytics and cloud computing. Existing investors Bain Capital Ventures, Earlybird Venture Capital and Capital One Growth Ventures also participated in the round. With this new investment, Hazelcast will accelerate its product roadmap and bolster go-to-market capabilities, including strategic partnering.