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Redis Labs
Redis Labs Logo

Redis Labs

The open-source, in-memory data store.

About

Founded

2011

Headquarters

Mountain View, California

Industry

Cloud, Data

Company Description

Redis makes apps faster, by creating a data foundation for a real-time world. It is the driving force behind Open-Source Redis, the world’s most loved in-memory database, and commercial provider of Redis Enterprise, a real time data platform. Redis Enterprise powers real-time services for over 8,000 organizations globally. It builds upon the unmatched simplicity and speed of open-source Redis along with an enterprise grade data platform that offers robustness of modern data models, management, automation, performance and resiliency to deploy and run modern applications at any scale from anywhere on the planet.

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Funding

Total Raised

$357 million

Valuation

$2 billion

Significant Investors

TCV, Tiger Global Management, SoftBank, Bain Capital Ventures, Dell Technologies Capital

Company Traction

  • As of July 2023, Redis Labs reported 4 billion+ Docker pulls, 50K+ GitHub stars, and 50+ supported programming languages.
  • As of April 2021, Redis Labs has 8,000+ customers, including 31 Fortune 100 customers.
  • As of April 2021, Redis Labs reported 54% CAGR over the 3-years ended 1/31/21.
  • As of April 2021, Redis Labs reported a 120% net revenue retention rate.

Leadership Team

  • Yiftach Shoolman: Co-Founder & CTO of Redis Labs. Former Founder & CTO of Crescendo Networks.
  • Mike Anand: CMO at Redis Labs. Former Product and Growth Marketing Leader, Container Services at AWS.

Press

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