Fundraising Fox

Redis

23 known investors

redis.io β†—

Redis provides an in-memory caching layer that delivers sub-millisecond data access for real-time applications across on-premise, cloud, and hybrid environments. Its Redis Enterprise offering targets businesses needing high-availability, scalable caching with multiple caching patterns such as cache-aside, write-behind, write-through, and prefetching.

Also known as Garantia Data Β· Redis Labs Β· Redis Ltd. Β· Redis, Inc.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper Tools

Investors Β· 23

Also in the syndicate Β· 20

Andrew MaywahBO PeabodyCarmel Ventures (Viola Ventures)leadCedar Capital GroupChintan PatelChristian ReschleadGoldman Sachs Private Capital InvestingleadHagai TalJared SleeperJohn CurtiusleadMatt SpetzlerleadMattia AstoriMiras MamiPeter SonsiniRonen NirleadSalil DeshpandeSoftBank Investment AdvisersSoftBank Vision Fund 2Vikas ParekhZohar Gilon

Company profile

researched Aug 2026

{"summary_one_liner":"Redis Ltd. is an American software company commercializing the Redis in-memory data platform via cloud, self-managed and open source offerings.","detailed_description":"Redis Ltd. (formerly Redis Labs and, before that, Garantia Data) is a private American computer software company headquartered in San Francisco, California. It is the sponsor of the source-available in-memory NoSQL database Redis and the provider of Redis Enterprise software, cloud services and related tools. Its research and development centre is in Tel Aviv, Israel, with additional offices in London, Austin, Bengaluru and Sofia.\n\nThe Redis technology functions as a cache, data structure server, document store and vector query engine, keeping data primarily in memory to achieve sub-millisecond read and write latency. Documented use cases include caching, distributed session storage, NoSQL key-value/document/time-series storage, search and query (vector, full-text and geospatial via Redis Search), event streaming and message brokering, real-time analytics, and vector storage for generative AI workloads such as short- and long-term LLM memory, semantic caching and retrieval augmented generation. The company positions the platform as a real-time context engine for AI agents and applications, marketing components such as a Context Retriever built on Redis-powered vector search, Flex tiered RAM plus flash storage for TB-scale capacity, and Active-Active multi-region replication.\n\nProducts are packaged across four tiers: Redis Open Source (renamed from Redis Community Edition at the v8.0 release) for experimentation and local development; Redis Software for enterprise on-premises and hybrid deployment with Active-Active geo-distribution, auto-tiering and a 99.999% uptime SLA; Redis for Kubernetes with a Kubernetes operator; and Redis Cloud, a fully managed service integrated with AWS, Google Cloud and Microsoft Azure. Supporting tooling includes Redis Insight, Redis CLI, a VS Code extension, Redis MCP, RedisVL, Redis Data Integration and RIOT, plus monitoring integrations with Prometheus/Grafana, Datadog, Dynatrace and New Relic.","business_model":"The company distributes core Redis as open source/source-available software while monetizing enterprise offerings: Redis Software (self-managed on-premises and hybrid, with additional compliance, reliability and resiliency features), Redis for Kubernetes, and Redis Cloud, a fully managed service on AWS, Google Cloud and Azure with 24/7 support options.","revenue_model":"Revenue is generated through commercial enterprise offerings β€” self-managed Redis Software licences and the managed Redis Cloud service with enterprise support and SLAs β€” layered on top of freely available open source Redis.","technology":"An in-memory data platform providing low-level data structures (strings, lists, sets, hashes, sorted sets, JSON, streams, time series) with high-level semantics such as counters, queues, leaderboards and rate limiters, plus transactions and scripting. It includes indexing of hash and JSON documents supporting vector search, full-text search, geospatial queries, ranking and aggregations (Redis Search), pub/sub and stream processing, and a modules API for extension (historically RediSearch, RedisJSON, RedisTimeSeries, RedisBloom, RedisGraph, RedisGears). Enterprise capabilities include tiered RAM plus flash storage (Flex/auto-tiering) and Active-Active multi-region replication with failover. Client libraries are offered for Python, Node.js, Java, C#/.NET, Go, Ruby, Rust, PHP and C.","target_customers":"Developers and organizations building real-time, data-intensive applications β€” including caching, session management, messaging, real-time analytics and AI/LLM workloads such as chatbots, agents and RAG systems β€” spanning open source users through to enterprises requiring compliance, high availability and geo-distribution. One source states the company serves over 8,500 organizations globally.","go_to_market">"Distribution combines an open source funnel (downloads via Docker, Snap, Homebrew, RPM, Debian and source builds, documentation, starter projects, Redis University courses) with cloud marketplace and hyperscaler integrations, direct enterprise sales (\"talk to sales\"/\"speak to a Redis expert\" motions) and developer advocacy.","market_position":"Described as the preferred, fastest and most feature-rich cache, data structure server and document/vector query engine for developers, and characterized in one profile as the world's fastest in-memory data platform and the \"most-loved database\" for five consecutive years as of 2021; the open source project's GitHub repository has roughly 76,100 stars and 24,800 forks.","differentiation":"Positioned around sub-millisecond in-memory latency, breadth of native data structures beyond key-value, extensibility via a modules API, a simple text-based protocol and command set, and a single platform spanning open source, self-managed enterprise and managed cloud with the same APIs and data structures.","geographic_footprint":"Headquartered in San Francisco, California (relocated from Mountain View, California between June 15 and July 14, 2024), with an R&D centre in Tel Aviv, Israel and additional offices in London, Austin, Bengaluru and Sofia.","founding_story":"The open source Redis project was created by Salvatore Sanfilippo (conceived in 2009 per one profile). The commercial company was founded in 2011 as Garantia Data by Ofer Bengal, previously founder and CEO of RiT Technologies, and Yiftach Shoolman, previously founder and president of Crescendo Networks. It announced a beta of its cloud services at GigaOm's Structure LaunchPad in June 2012, with Redis Enterprise Cloud reaching general availability in February 2013.","company_history":"Garantia Data acquired MyRedis, a competing hosted Redis provider, in October 2013, and renamed itself Redis Labs on January 29, 2014. It released the Redis Enterprise Pack in early 2015 and hired Redis creator Salvatore Sanfilippo on July 15, 2015, becoming the official sponsor of the open source project. In May 2016 it introduced a module extension mechanism and a certified module marketplace. Licensing changed repeatedly: modules moved from AGPL to Apache2 with Commons Clause in August 2018, then to the Redis Source Available License in February 2019, and on March 20, 2024 the core Redis project moved from the 3-clause BSD license to a source-available model. The company acquired RDBTools from HashedIn in April 2019, later relaunching it as RedisInsight. Sanfilippo stepped down as lead maintainer at the end of June 2020. On August 11, 2021 Redis Labs renamed itself Redis, having acquired the Redis intellectual property and trademark rights from Sanfilippo in 2018. Rowan Trollope has served as CEO since November 28, 2022. Partnerships were formed with Pivotal (June 2017), Red Hat (October 2018), Google Cloud (April 2019) and Microsoft Azure (May 2020).","traction":"One profile reports more than 8,500 organizations served globally and an employee count of 10,000+, and states that tens of thousands of companies use the Redis Enterprise in-memory data store products. The open source GitHub repository shows about 76,100 stars, 24,800 forks and 13,258 commits.","latest_developments":"Current product messaging centres on AI: Redis Iris and a Redis Context Retriever using Redis-powered vector search as a real-time context engine, alongside a published \"State of context engineering\" research report. Redis Open Source 8.8 is offered for download and Redis Software 8.2.0 is available for self-managed deployment across Ubuntu, RedHat, Oracle Linux, Amazon Linux, Kubernetes and AWS AMI targets. Redis Stack 7.4 added memory and speed optimizations for lists, sets and sorted sets, Geo polygon query support and new JSON commands.","risks_controversies":"Licensing changes have been a recurring source of controversy: the August 2018 shift of modules from AGPL to Apache2 with Commons Clause, the February 2019 move to the Redis Source Available License, and the March 2024 switch of the core Redis project away from the 3-clause BSD license to a source-available model, which one source characterizes as the company going back on its promise to keep the BSD license."}

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 202610000+
GitHub commits (redis/redis)Jan 202613,258 commits
GitHub forks (redis/redis)Jan 202624,800 forks
GitHub stars (redis/redis)Jan 202676,100 stars
Net funding raised to dateJan 2021$347M
Number of funding roundsApr 2021$8
Organizations servedJan 20268,500 organizations
Redis Software uptime SLAJan 202699.999%
Total funding raisedApr 2021$355M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 23

launches, deals, and filings
Jan 2026
Redis Open Source 8.8 and Redis Software 8.2.0 available for download

source β†—

Jan 2025
Redis Community Edition renamed Redis Open Source with v8.0 release

source β†—

Jul 2024
Headquarters relocated from Mountain View to San Francisco

Relocation occurred between June 15 and July 14, 2024.

source β†—

Mar 2024
Core Redis project moves from 3-clause BSD to a source-available license

source β†—

Jan 2024
New R&D centre opened in Bulgaria

source β†—

Nov 2022
Rowan Trollope becomes CEO

source β†—

Aug 2021
Company renamed from Redis Labs to Redis

Name change followed the 2018 acquisition of Redis intellectual property and trademark rights from Salvatore Sanfilippo.

source β†—

Oct 2020
Development centre established in India

source β†—

Jun 2020
Salvatore Sanfilippo steps down as lead maintainer of Redis

source β†—

May 2020
Partnership with Microsoft Azure

Microsoft partnered with Redis Labs to improve Azure Cache for Redis.

source β†—

Apr 2019
Redis Labs acquires RDBTools from HashedIn

Acquired a GUI for managing Redis; later relaunched as RedisInsight with expanded visualization capabilities.

source β†—

Apr 2019
Partnership with Google Cloud

source β†—

Feb 2019
Module license changed to Redis Source Available License (RSAL)

source β†—

Oct 2018
Partnership with Red Hat

source β†—

Aug 2018
Module license changed from AGPL to Apache2 with Commons Clause

source β†—

Jun 2017
Partnership with Pivotal

source β†—

May 2016
Modules extension mechanism and certified module marketplace launched

source β†—

Jul 2015
Redis creator Salvatore Sanfilippo joins Redis Labs

Redis Labs became the official sponsor of the open source Redis project.

source β†—

Jan 2015
Redis Enterprise Pack made available

source β†—

Jan 2014
Company renamed from Garantia Data to Redis Labs

source β†—

Oct 2013
Garantia Data acquires MyRedis

Acquisition of a competing hosted provider of Redis software.

source β†—

Feb 2013
Redis Enterprise Cloud becomes generally available

source β†—

Jun 2012
Beta of cloud services announced at GigaOm Structure LaunchPad

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Redis do?
Redis provides an in-memory caching layer that delivers sub-millisecond data access for real-time applications across on-premise, cloud, and hybrid environments. Its Redis Enterprise offering targets businesses needing high-availability, scalable caching with multiple caching patterns such as cache-aside, write-behind, write-through, and prefetching.
Who are Redis's investors?
Redis's investors include Bain Capital Ventures, SoftBank Vision Fund, TCV.