Redis Redis (; Remote Dictionary Server) is an in-memory key–value database, used as a distributed cache and message broker, with optional durability. Because it holds all data in memory and because of its design, Redis offers low- latency reads ...

Ltd. (originally Redis Labs, Garantia Data) is an American private computer software company headquartered in

Mountain View, California Mountain View is a city in Santa Clara County, California, United States, part of the San Francisco Bay Area. Named for its views of the Santa Cruz Mountains, the population was 82,376 at the 2020 United States census, 2020 census. Mountain V ...

. Redis is the sponsor of the source-available in-memory

NoSQL NoSQL (originally meaning "Not only SQL" or "non-relational") refers to a type of database design that stores and retrieves data differently from the traditional table-based structure of relational databases. Unlike relational databases, which ...

database of the same name and the provider of Redis Enterprise software, cloud services, and tools for global companies. The company’s research and development center is based in

Tel Aviv Tel Aviv-Yafo ( or , ; ), sometimes rendered as Tel Aviv-Jaffa, and usually referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli Mediterranean coastline and with a popula ...

and it has additional offices in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

Austin Austin refers to: Common meanings * Austin, Texas, United States, a city * Austin (given name), a list of people and fictional characters * Austin (surname), a list of people and fictional characters * Austin Motor Company, a British car manufac ...

Bengaluru Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Kar ...

, and

Sofia Sofia is the Capital city, capital and List of cities and towns in Bulgaria, largest city of Bulgaria. It is situated in the Sofia Valley at the foot of the Vitosha mountain, in the western part of the country. The city is built west of the Is ...

History

Redis Ltd was founded under the name Garantia Data in 2011 by Ofer Bengal, previously the founder and CEO of RiT Technologies, and Yiftach Shoolman, previously the founder and president of Crescendo Networks, acquired by F5 Networks.Matt, Aslett (February 14, 2013),
Garantia Data goes GA with Redis and memcached cloud services

451research.com
Retrieved January 2, 2014.Cloud services co Garantia Data raises $3m

globes.co.il
Retrieved January 2, 2014. In June 2012, the company announced a beta version of its cloud services at GigaOm's Structure LaunchPad.Deutscher, Maria (November 26, 2012),
Garantia Boosts AWS with Major NoSQL Upgrade

DevOpsAngle
Retrieved January 2, 2014.Grant, Rebecca (8/8/2012),
Funding Daily: 8 on 8/8

VentureBeat
Retrieved January 2, 2014. Redis Enterprise Cloud became generally available in February 2013.Tozzi, Christopher (February 15, 2013), "", , Retrieved January 2, 2014.Marshall, David (February 18, 2013),
Q&A: Interview with Garantia Data Talking Redis Cloud and Memcached Cloud

VMWare VMBlog
Retrieved January 2, 2014. In October 2013, Garantia Data acquired MyRedis, a competing hosted Redis provider.Finley, Klint (October 7, 2013),
Dying Cloud Mistakenly Gives Users Three Days to Save Data

wired.com
Retrieved January 2, 2014. On January 29, 2014, the company changed its name from Garantia Data to Redis Labs.Williams, Alex (January 29, 2014),
Database Provider Garantia Data Makes Another Name Change, This Time To Redis Labs
,

TechCrunch TechCrunch is an American global online newspaper focusing on topics regarding high tech, high-tech and Startup company, startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. I ...

, Retrieved February 9, 2014. In early 2015, Redis Labs made available the Redis Enterprise Pack.Butler, Brandon (October 6, 2015),
Hottest products at AWS re:Invent 2015
, Retrieved September 11, 2016. On July 15, 2015, the creator of

and lead developer, Salvatore Sanfilippo, joined Redis Labs and they became the official sponsor of the open source project.Kepes, Ben (July 15, 2015)
Redis Labs hires the creator of Redis, Salvatore Sanfilippo

Network World
Retrieved August 30, 2015. In May 2016, the company announced a mechanism for developers to extend Redis,Adrian Bridgwater (05/11/2016),
Redis aims for an infinite variety of data structures
, T Knowledge Exchange, Open Source Insider Retrieved September 19, 2016. and opened an online marketplace that offers modules certified to work with both open source Redis and Redis' Enterprise products.Jordan Novet (05/10/2016),
Redis launches modules to add extensibility to the open source database
, entureBeat Retrieved September 19, 2016. In August 2018, the company changed the license of its Redis modules from AGPL to Apache2 modified with Commons Clause. In February 2019, the company changed the license of Redis modules to Redis Source Available License (RSAL). In April 2019, the company acquired RDBTools, a

graphical user interface A graphical user interface, or GUI, is a form of user interface that allows user (computing), users to human–computer interaction, interact with electronic devices through Graphics, graphical icon (computing), icons and visual indicators such ...

(GUI) to manage Redis from HashedIn. Later in the year the company launched the tool as RedisInsight with expanded capabilities to visualize data in Redis modules. Salvatore Sanfilippo stepped down as

's lead maintainer in the end of June 2020, leaving the project in the hands of Redis Labs. On August 11, 2021, the company changed its name from Redis Labs to Redis, having acquired the intellectual property and trademark rights to Redis from Sanfilippo back in 2018. On March 20, 2024, the company went back on its promise of keeping the 3-clause BSD license and switched the open-source Redis project to a source-available license model. Between June 15 and July 14, 2024, Redis relocated its headquarters from Mountain View, California to San Francisco, California. 303 2nd St, North Tower Ste 525, San Francisco, California. The company’s Redis Enterprise platform is presently used by companies such as

Capital One Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia, with operations primarily in the ...

Dick's Sporting Goods Dick's Sporting Goods, Inc. (stylized in all caps as DICK'S Sporting Goods) is an American chain of sporting goods stores founded in 1948 by Richard "Dick" Stack. It is the largest sporting goods retailer in the United States and is listed ...

, and

Kabam Kabam (formerly Watercooler, Inc.) is a Canadian video game developer and publisher founded in 2006 and headquartered in Vancouver, with offices in Montreal, San Francisco, and Austin, Texas. The company develops and publishes massively multipl ...

Funding

The company secured $4 million in

seed funding Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests ...

from

angel investor An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital to a business or businesses, including startups, usually in exchange for convertible de ...

s in August 2012,Garantia Data Scores $9M Series A

Dow Jones Private Equity & Venture Capital
Retrieved January 2, 2014. an additional $9 million in series A funding led by

Bain Capital Ventures Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $160 billion of assets under management worldwide. The firm's early-stage investments have included Attentive, Bloomreach, Billtrust, Docusign ...

and Carmel Ventures (now known as Viola Ventures),Williams, Alex (November 10, 2013),
Garantia Has The Advantage Over AWS When It Comes To Redis, The Popular NoSQL Database
,

, Retrieved January 2, 2014. an additional $15m in Series B funding led by the existing investors and

Silicon Valley Bank Silicon Valley Bank (SVB) is a commercial bank division of First Citizens BancShares. The bank was previously the primary subsidiary of SVB Financial Group, a Public company, publicly traded bank holding company that had offices in 15 U.S. state ...

, and an additional $14 million in series C funding led by the same investors.Frederic Lardinois (July 21, 2016)
Redis Labs raises $14M for its in-memory NoSQL database services
, TechCrunch, Retrieved August 22, 2016 In August 2017 it raised $44 million in series D funding led by Goldman Sachs Private Capital Investing, and in February 2019 $60 million in series E funding led by

Francisco Partners Francisco Partners Management, L.P., doing business as Francisco Partners, is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. It was founded in August 1999 and based in ...

with participation by existing investors. Series F funding was concluded in August 2020 raising another $100 million, with TCV joining as a new investor in the company. Another $110 million was raised in April 2021 and two new investors joined the company as part of Series G round, which was led by

Tiger Global Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It ma ...

, with participation from

SoftBank Vision Fund The SoftBank Vision Fund is a venture capital fund founded in 2017. It is managed by SoftBank Investment Advisers, a subsidiary of the SoftBank Group. With over $100 billion in capital, it is the world's largest technology-focused investment ...

2. Redis has raised a net amount of $347 million in funding to-date.

Partnerships

References

External links

* {{Official website, https://www.redis.io/ Cloud computing providers Companies based in Santa Clara, California Technology companies established in 2011