Redis

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Redis is a leading player in the real-time data processing and management space.

Redis offers a suite of real-time data processing and management solutions, centered around Redis Enterprise and Open-Source Redis. Redis Enterprise enhances the capabilities of Open-Source Redis by providing an enterprise-grade data platform that supports modern data models, management, automation, and scalability for deploying and running applications at any scale. It provides high availability, with features like active-active geo-distribution and instant failover.

Redis's offerings also include a rich set of data structures, in-memory caching, search, real-time analytics, and support for multiple programming languages, making it versatile for various use cases across industries.​ It also offers a tool named Redis Data Integration (RDI) that allows customers to move the contents of external databases into Redis for caching, automatically copying records, and syncing changes. Redis Copilot, an AI assistant, provides guidance on database usage, generates queries from natural language prompts, and performs related tasks.

Redis provides a Cloud and Software version of its Enterprise product. The pricing follows a subscription-based model.

The company has acquired three companies: RESP.app (November 2022), RDBTools (April 2019), and Redis Weekly (April 2017).

Key customers and partnerships

Redis Enterprise is used by notable companies like AngelOne, Microsoft, Tiffany & Co, BNP Paribas, British Airways, Telus, and SiriusXM.

Redis’s cloud partners include AWS, Google Cloud, Microsoft Azure, and VMware. Additionally, the company has technology partnerships with leading technology companies like Suse, Red Hat, Hashicorp, databricks, and Intel.

HQ location:
700 E El Camino Real Suite 250, Mountain View, California, United States Mountain View CA USA
Founded year:
2011
Employees:
501-1,000
IPO status:
Private
Total funding:
USD 356.8 mn
Last Funding:
USD 1.2 mn (Secondary Market; Dec 2021)
Last valuation:
USD 2.0 bn (Apr 2021)
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