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
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$415 M (USD)
in 9 rounds
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Latest Funding Round
$110 M (USD), Series G
Apr 07, 2021
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Investors
SVB
& 11 more
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Employee Count
Employee Count
- 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fully managed platform for in-memory data storage and caching
Vector database for building fast GenAI applications
Self-managed tools for enterprise-grade data compliance
Near-real-time data syncing without coding requirements
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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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series G — $110.0M
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First Round
First Round
(08 Aug 2012)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series G - Redis | Valuation | Tiger Global Management | |
| Aug, 2020 | Amount | Series F - Redis | Valuation | Bain Capital Ventures , TCV | |
| Feb, 2019 | Amount | Series E - Redis | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Redis
Redis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Featureform. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of AI-based open-source platform offering data orchestration
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Redis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Redis Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Analytical tools are accelerated via the Apache Arrow ecosystem.
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| domain | founded_year | HQ Location |
In-memory platform is used to accelerate Hadoop data processing.
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| domain | founded_year | HQ Location |
Real-time data processing is enabled through in-memory data grids.
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| domain | founded_year | HQ Location |
Dragonfly is recognized as a high-performance in-memory data store.
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| domain | founded_year | HQ Location |
An open-source in-memory data grid is developed and supported.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Redis
Frequently Asked Questions about Redis
When was Redis founded?
Redis was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Redis located?
Redis is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Redis?
Rowan Trollope is the current CEO of Redis.
Is Redis a funded company?
Redis is a funded company, having raised a total of $415M across 9 funding rounds to date. The company's 1st funding round was a Series E of $60M, raised on Aug 08, 2012.
What does Redis do?
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.
Who are the top competitors of Redis?
Redis's top competitors include GridGain, Voltron Data and Dragonfly.
What products or services does Redis offer?
Redis offers Redis Cloud, Redis for AI, Redis Software, and Redis Data Integration.
How many acquisitions has Redis made?
Redis has made 1 acquisition, including Featureform.
Who are Redis's investors?
Redis has 12 investors. Key investors include SVB, Dell Technologies, Francisco Partners, Tiger Global, and VisionFund.
What is Redis's valuation?
The valuation of Redis is $2B as of Apr 2021.
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