What is Redis?
Redis is a leading provider of an open-source, in-memory data structure store, used as a database, cache, and message broker. Its high-performance capabilities and versatility have made it a critical component for applications requiring real-time data processing and low-latency access. The company's technology is widely adopted across various industries, from e-commerce and financial services to gaming and IoT, enabling businesses to build scalable and responsive applications.
How much funding has Redis raised?
Redis has raised a total of $359M across 9 funding rounds:
Series A
$9M
Series B
$15M
Series C
$14M
Series D
$44M
Series E
$60M
Series F
$100M
Series G
$110M
Series A (2013): $9M supported by Carmel Ventures and Bain Capital Ventures
Series B (2015): $15M featuring Carmel Ventures, Bain Capital Ventures, and Silicon Valley Bank
Series C (2016): $14M backed by Bain Capital Venture and Silicon Valley Bank
Series D (2017): $44M with participation from Bain Capital Ventures, Goldman Sachs, and Dell
Series E (2019): $60M led by Viola Group, Bain Capital Ventures, Francisco Partners, Goldman Sachs Private Capital Investing, and Dell
Series F (2020): $100M supported by Bain Capital Ventures, Technology Crossover Ventures, Francisco Partners, Viola Group, Dell, and Goldman Sachs Growth
Series G (2021): $110M featuring Tiger Global, Technology Crossover Ventures, and SoftBank Group Corp.
Key Investors in Redis
Tiger Global
Tiger Global is a prominent investment firm known for its significant backing of technology companies across various stages of growth.
Technology Crossover Ventures
TCV (Technology Crossover Ventures) is a leading growth equity firm that invests in the technology sector, supporting companies with substantial market potential.
SoftBank Group Corp.
SoftBank Group Corp. is a multinational conglomerate holding company focused on investments in technology, energy, and finance, often making large-scale capital commitments.
What's next for Redis?
With significant backing and a recent strategic investment, Redis is poised for accelerated growth. The company is likely to focus on enhancing its enterprise offerings, expanding its global reach, and investing in research and development to maintain its competitive edge in the rapidly evolving data management landscape. This capital will support strategic initiatives aimed at deepening customer relationships and exploring new market opportunities, solidifying its position as a leader in high-performance data solutions.
See full Redis company page