Redis Inc.
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Redis Inc. - overview
Established
2011
Location
San Francisco, CA, US
Primary Industry
Software
About
Based in California, US, and founded in 2011, Redis Labs, Inc. develops a memory database platform solution for transactional, analytics, and hybrid deployments. The company was co-founded by Ofer Bengal (Chairman), and Yiftach Shoolman (CTO). In April 2024, Generation Investment Management acquired a stake in Redis Labs, Inc.
from Tiger Global Management and Viola Group. As of 2024, Redis Labs, Inc. is led by its CEO, Rowan Trollope. The firm’s client base includes Microsoft, Plaid, British Airways, BNP Paribas, gojek, Tiffany & CO.
, etc. The company's platform operates as an in-memory database platform that offers Active-Active Geo-Distribution (CRDT-Based) topology, Redis on Flash (RoF) databases, Linear Scaling, etc. The platform enables large enterprise, startups, and government organizations to use in e-commerce, AI/ML, search, fraud detection, real-time inventory management, user session stores, etc. The company earns revenue from subscription packages.
The Essentials plan starts at USD 5 per month, offering a 12 GB database, 16,000 ops per sec, 10,000 connections, 99. 99% uptime, and daily backups. The Pro plan, starting at USD 0. 881 per hour, includes unlimited databases, unlimited ops per sec, unlimited connections, 99.
999% uptime, a dedicated VPC, Active-Active setup, and auto-tiering. Redis Labs, Inc. plans to expand its operation globally, advance its real-time data platform, and deliver customer support.
Current Investors
Bain Capital, Viola Group, Silicon Valley Bank
Primary Industry
Software
Sub Industries
Data Centers, Analytics & Performance Software, Content Management Software, Storage Management Software
Website
www.redis.io/
Verticals
Artificial Intelligence, Cloud Computing, Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Redis Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Stock Purchase | Completed | Redis Inc. | - |
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Redis Inc. - employee data
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