Redis

Mountain View, United States Founded: 2011 • Age: 15 yrs
In-memory database platform is operated as a cloud-based service.
Annual revenue - Latest available
Total funding $415.0M 9 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Redis

Redis is a company based in Mountain View (United States) founded in 2011 by Ofer Bengal and Yiftach Shoolman. Redis has raised $415 million across 9 funding rounds from investors including SVB, Dell Technologies and Francisco Partners. Redis has completed 1 acquisition, including Featureform. Redis offers products and services including Redis Cloud, Redis for AI, Redis Software, and Redis Data Integration. Redis operates in a competitive market with competitors including Voltron Data, GridGain, GigaSpaces, Dragonfly and Hazelcast, among others.

  • Headquarter Mountain View, United States
  • Founders Ofer Bengal, Yiftach Shoolman
  • Stage Unicorn
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $415 M (USD)

    in 9 rounds

  • Latest Funding Round
    $110 M (USD), Series G

    Apr 07, 2021

  • Investors
    SVB

    & 11 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Redis

Redis offers a comprehensive portfolio of products and services, including Redis Cloud, Redis for AI, Redis Software, and Redis Data Integration.

Product name locked
Category locked
Primary

Fully managed platform for in-memory data storage and caching

Product name locked
Category locked
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Vector database for building fast GenAI applications

Product name locked
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Self-managed tools for enterprise-grade data compliance

Product name locked
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Near-real-time data syncing without coding requirements

People of Redis

Headcount 500-1000
Employee Profiles 261
Board Members and Advisors 11
Employee Profiles
People
Vedant Bhatia
Sales Development
People
Juliette Marland
Enterprise - Senior Customer Success Manager EMEA
People
Mike Trocchio
Director, Solution Architects
People
Bill Schoonmaker
Principal Solution Architect

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Board Members and Advisors
people
Christian Resch
Board Member
people
Enrique Salem
Board Member
people
Kimberly Alexy
Board Member
people
James Beer
Board Director

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Funding Insights of Redis

Redis has successfully raised a total of $415M across 9 strategic funding rounds. The most recent funding activity was a Series G round of $110 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Redis

Redis has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, Dell Technologies and Francisco Partners.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
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Venture capital is invested in global technology companies by TCV.
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Private equity investment firm focused on technology sector
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Investor details for Redis

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Redis

Redis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Featureform.

Investments
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Investment portfolio details for Redis

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of AI-based open-source platform offering data orchestration
Locked Locked 2020 Locked
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Complete acquisition details for Redis

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Redis

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Detailed financials for Redis

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  • Profit trends
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  • Financial ratios

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Redis Comparisons

Redis Primary company
Description
In-memory database platform is operated as a cloud-based ser...
Location
Mountain View, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Redis

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Competitors of Redis

Redis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Voltron Data, GridGain, GigaSpaces, Dragonfly and Hazelcast, among others.

Company Name Domain Founded year HQ Location Description
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Analytical tools are accelerated via the Apache Arrow ecosystem.
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In-memory platform is used to accelerate Hadoop data processing.
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Real-time data processing is enabled through in-memory data grids.
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Dragonfly is recognized as a high-performance in-memory data store.
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An open-source in-memory data grid is developed and supported.
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Detailed competitors of Redis

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Redis

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Complete news archive for Redis

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Redis

Redis was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Redis is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Rowan Trollope is the current CEO of Redis.

Redis is a funded company, having raised a total of $415M across 9 funding rounds to date.

Redis was founded in 2011 and is headquartered in Mountain View, United States. The platform functions as a cloud-based in-memory database, with data stored both in memory and on disk. Various data types, including sets, strings, hashes, and lists, are supported. It serves as a cache, vector database, document database, and streaming engine within the database and cloud computing sector. Operations focus on efficient data management for diverse applications.

Redis's top competitors include GridGain, Voltron Data and Dragonfly.

Redis offers Redis Cloud, Redis for AI, Redis Software, and Redis Data Integration.

Redis has made 1 acquisition, including Featureform.

Redis has 12 investors. Key investors include SVB, Dell Technologies, Francisco Partners, Tiger Global, and VisionFund.

The valuation of Redis is $2B as of Apr 2021.

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