Vfabric SQLFire is a memory-optimized distributed SQL database designed to tackle scalability challenges through horizontal scaling and relaxed ACID semantics. It features a real SQL interface, built-in high availability, and supports various data models while offering capabilities such as partitioning, replication, and data-aware stored procedures. SQLFire is positioned as a robust alternative to traditional SQL databases, catering to modern application requirements with its focus on scalability and performance.