San Francisco, California, United States
Redis develops the Redis in-memory database and sells it as a managed cloud service (Redis Cloud) and as on-premises software (Redis Software) for caching, real-time data, vector search and AI agent memory. Ofer Bengal and Yiftach Shoolman founded it in 2011; it was Garantia Data until 2014 and Redis Labs until August 2021. Rowan Trollope has been CEO since February 2023, with Bengal as chairman, and the company is based in San Francisco. Redis raised a net $347 million through its April 2021 Series G, which valued it at over $2 billion, and in January 2026 said it had passed $300 million in annual recurring revenue. In 2018 Bengal told Latka it had about 200 employees, 8,500 customers and roughly 60% annual growth.
- Revenue
- $300M
- Customers
- 8.5K
- Year founded
- 2011
- Funding
- $355.6M
- Team size
- 501