# Redis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redis

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.redis.io/
- Total disclosed funding: $352M
- Latest round: Series G (Apr 7, 2021)
- Investors on record: 9

## 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.

## Funding rounds

- Series G, Apr 7, 2021, $110M — TCV, Tiger Global Management, SB Investment Advisers
- Series F, Aug 25, 2020, $100M — Francisco Partners, Bain Capital, TCV, Viola Group, Goldman Sachs Asset Management, Dell Technologies Capital
- Series E, Feb 19, 2019, $60M — Francisco Partners, Bain Capital, Viola Group, Goldman Sachs Asset Management, Dell Technologies Capital
- Series D, Aug 21, 2017, $44M — Bain Capital, Viola Group, Goldman Sachs Asset Management, Dell Technologies Capital
- Series C, Jul 21, 2016, $14M — Bain Capital, Viola Group, Silicon Valley Bank
- Series B, Jun 25, 2015, $15M — Bain Capital, Viola Group, Silicon Valley Bank
- Series A, Nov 5, 2013, $9M — Bain Capital, Viola Group

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A, Series B, Series C, Series D, Series E, Series F
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series A, Series B, Series C, Series D, Series E, Series F
- Silicon Valley Bank — Series B, Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D, Series E, Series F
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series D, Series E, Series F
- Francisco Partners (https://capitalatlas.ai/funds/francisco-partners) — Series E, Series F
- TCV (https://capitalatlas.ai/funds/tcv) — Series F, Series G
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series G
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series G