Redis - About the company
Redis is a series G company based in Mountain View (United States), founded in 2011 by Yiftach Shoolman and Ofer Bengal. It operates as a Developer of software for real-time data management and caching. Redis has raised $355M in funding from investors like Bain Capital Ventures, Viola Group and Francisco Partners, with a current valuation of $2B. The company has 59 active competitors, including 15 funded and 5 that have exited. Its top competitors include companies like GridGain, Zilliz and Volt Active Data.
Company Details
Developer of software for real-time data management and caching. This technology provides in-memory database solutions for vector search, event streaming, and session management. The software integrates with various application stacks to facilitate data retrieval and storage. It supports structured and unstructured data processing for artificial intelligence applications and machine learning pipelines. The platform enables low-latency data access and synchronization across distributed systems.
- Website
- redis.io
- Email ID
- *****@redis.com
Key Metrics
Founded Year
2011
Location
Mountain View, United States
Stage
Series G
Total Funding
$355M in 8 rounds
Latest Funding Round
Post Money Valuation
$2B as on Apr 07, 2021
Investors
Ranked
1st among 59 active competitors
Employee Count
137 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with Redis
Redis is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
REDIS INC. CIN: 32083011265 , United States, Deadpooled | Jan 31, 2022 | - | - | - |
REDIS LABS INC. CIN: 901013808 , United States, Active | Dec 31, 1999 | - | 371 (As on Dec 31, 2024) | - |
REDI LIMITED CIN: 10919589 , United Kingdom, Active | Aug 15, 2017 | - | 1 (As on Aug 31, 2021) | |
REDIS INDIA PRIVATE LIMITED CIN: U62013PN2023FTC223863 , India, Active | Sep 08, 2023 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 137 (As on May 31, 2026) |
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Redis's funding and investors
Redis has raised a total funding of $355M over 8 rounds. Its first funding round was on Aug 08, 2012. Its latest funding round was a Series G round on Apr 07, 2021 for $110M. 8 investors participated in its latest round. Redis has 18 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Redis:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 07, 2021 | $110M | Series G | $2B | - | ||
Aug 25, 2020 | $100M | Series F | $1B | - | ||
Jan 19, 2019 | $60M | Series E | - | - |
View details of Redis's funding rounds and investors
Redis' founders and board of directors
Founder? Claim ProfileHere are the details of Redis' key team members:
- Yiftach Shoolman: Co-Founder of Redis and founder of 3 other companies, Redis, Redis Labs and Cresendo Networks.
- Ofer Bengal: Co-Founder of Redis and founder of 2 other companies, RiT Technologies and Redis. Contact Info: 1 email address
- Rowan Trollope: CEO of Redis. They are also an angel investor in 3 startups.
View details of Redis's Founder profiles and Board Members
Redis' employee count trend
Redis has 137 employees as of May 26. The total employee count is 61.0% more than what it was in May 25. Here is Redis's employee count trend over the years:
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Redis's Competitors and alternates
Top competitors of Redis include GridGain, Zilliz and Volt Active Data. Here is the list of Top 10 competitors of Redis, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Redis 2011, Mountain View (United States), Series G | Developer of software for real-time data management and caching | $355M | 76/100 | |
2nd | GridGain 2007, Foster City (United States), Acquired | Provider of a unified real-time data platform for AI, analytics | $33.4M | 69/100 | |
3rd | Zilliz 2017, San Francisco (United States), Series B | Provider of a vector similarity search engine and data processing platform | $113M | 59/100 | |
4th | Volt Active Data 2009, Bedford (United States), Series C | Developer of a data platform for real-time streaming and decisions | $48.6M | 55/100 | |
5th | Memgraph 2016, London (United Kingdom), Seed | Developer of a graph database for real-time AI context solutions | $14.2M | 55/100 | |
6th | Provider of a platform offering in memory database | $21M | 52/100 | ||
7th | GigaSpaces 2000, Herzliya (Israel), Series E | Platform offering real-time data processing solutions | $61.5M | 51/100 | |
8th | Voltron Data 2021, Mountain View (United States), Series A | Apache arrow ecosystem for accelerating analytical tools | $110M | 50/100 | |
9th | Splice Machine 2012, San Francisco (United States), Series B | Relational Database powered by HBASE and Hadoop | $75M | 48/100 | |
10th | HarperDB 2017, Denver (United States), Series A | Developer of a platform unifying database, cache, application, and messaging layers | $6.07M | 46/100 |
Looking for more details on Redis's competitors? Click here to see the top ones
Redis's Investments and acquisitions
Redis has acquired 2 companies including Featureform and Decodable. Redis has not made any investments as of now.Reports related to Redis
Here is the latest report on Redis's sector:
News related to Redis
Media has covered Redis for a total of 13 events in the last 1 year, 5 of them have been about company updates and 3 about partnerships.
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Redis 8.8 Released With New Array Data Structure and Performance Optimizationsphoronix.com•May 25, 2026•Redis
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Redis partners with GovTech Campus Deutschland to boost German public sector digitalisationWebDisclosure•Jan 22, 2026•Govtechcampus, Redis
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Redis Acquires Featureform to Deliver Real-time Data into AI AgentsCIO Influence•Oct 09, 2025•Redis, Featureform
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Redis to Acquire Decodable, Expands Redis for AI with Real-Time Context for AI AgentsAiThority•Sep 05, 2025•Redis, Decodable
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