Hazelcast is a real-time data platform, implemented in Java, that combines an in-memory data store with stream processing for distributed applications that need fast and resilient access to data. It is developed by Hazelcast, headquartered in Palo Alto, California. The platform exists as an open-source edition under the Apache 2.0 licence and as a proprietary enterprise edition.
Hazelcast is privately held and backed by venture and development-finance investors, among them Earlybird, the European Bank for Reconstruction and Development and Bain Capital; the vendor's public pages name no single majority owner. Its US headquarters makes US jurisdiction the main legal consideration for the vendor. The vendor's public pages do not state where Hazelcast cloud services store data, so EU hosting cannot be confirmed. Organisations that run the open-source edition on their own infrastructure keep data under their own control, provided they check the licence terms of the components they use.