How Redislabs hit $154.2M revenue and 8.5K customers in 2023.
Redis Labs is a software company that provides a high-performance, in-memory data platform called Redis. The company was founded in 2011 by Ofer Bengal and Yiftach Shoolman and is headquartered in Mountain View, California, with additional offices in Tel Aviv, London, and Bangalore. Redis Labs' platform allows organizations to process and analyze large amounts of data in real-time, enabling faster decision-making and better user experiences. The company's solutions are used by a wide range of industries, including e-commerce, finance, healthcare, and gaming. Redis Labs is recognized as a leader in the NoSQL and in-memory database markets and has won multiple awards for its innovative technology.
2011
Founded
$154.2M
2023 Revenue
22.82%
YOY
$555.6M
Funding
Redislabs Revenue
In 2023, Redislabs revenue run rate hit $154.2M in revenue.
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2023
Redislabs hit $154.2M in revenue in 2023
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2018
Redislabs hit $72M in revenue in 2018
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2011
Redislabs launched in 2011 with $0 revenue
Redislabs Funding History
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2021
Redislabs raised a of in April, 2021
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2021
Redislabs raised a of in April, 2021
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2020
Redislabs raised a of in August, 2020
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2019
Redislabs raised a of in February, 2019
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2017
Redislabs raised a of in August, 2017
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2016
Redislabs raised a of in July, 2016
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2015
Redislabs raised a of in June, 2015
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2013
Redislabs raised a of in November, 2013
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2012
Redislabs raised a of in August, 2012
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2011
Redislabs raised a of in April, 2011
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| April, 07 2021 | |||
| April, 07 2021 | |||
| August, 25 2020 | |||
| February, 19 2019 | |||
| August, 21 2017 | |||
| July, 21 2016 | |||
| June, 25 2015 | |||
| November, 05 2013 | |||
| August, 08 2012 | |||
| April, 01 2011 |
Team
Redislabs has 501 total employees and 92 sales reps that carry a quota. They have 8,500 customers an engineering team of 129 and a marketing team of 19.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 501 |
| Engineer | 129 (26%) |
| Sales | 92 (18%) |
| Marketing | 19 (4%) |
Founder / CEO
Ofer Bengal
Ofer is a serial entrepreneur who has founded and led several companies in the areas of data communications, telecommunications, Internet, homeland security and medical devices. Ofer was founder & CEO of RIT Technologies (NASDAQ: RITT), a provider of sophisticated telecommunications and data communications systems to major world carriers. He began his career as an aerospace engineer in the Israeli Air Force and then built his own aerospace engineering consulting firm. As a hobby, he has also invented, developed and licensed toy concepts to companies such as Milton Bradley, Hasbro and Tomy. Ofer holds a Bachelor of Science (cum laude) in aerospace engineering from the Technion, Israel Institute of Technology.
Q&A
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What's your age?
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Favorite online tool?
Salesforce
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Favorite book?
Stalin Biography
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Favorite CEO?
None
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Advice for 20 year old self
None
Customers
Churn
Redislabs Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ofer Bengal | CEO | [email protected] | - |
Redislabs Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ofer Bengal | CEO | [email protected] | - |
| Vikas Parekh | Investor | [email protected] | - |
| John Curtius | Investor | - | - |
| Gopi Vaddi | Investor | - | - |
Redislabs Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ronen Nir | Board Member | [email protected] | [email protected] |
| Daniel Docter | Board Member | [email protected] | - |
| Christian Resch | Board Member | [email protected] | - |
| Enrique Salem | Board Member | [email protected] | - |
| Carlos Baquero | Board Member | - | - |
| David Golob | Board Member | [email protected] | [email protected] |
| Salil Deshpande | Board Member | [email protected] | [email protected] |
Frequently Asked Questions about Redislabs
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When was Redislabs founded?
Redislabs was founded in 2011.
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How much revenue does Redislabs generate?
Redislabs generates $154.2M in revenue.
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Who is the CEO of Redislabs
The CEO of Redislabs is Ofer Bengal.
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How much funding does Redislabs have?
Redislabs raised $555.6M.
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How many employees does Redislabs have?
Redislabs has 501 employees.
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Where is Redislabs headquarters?
Redislabs is headquartered at 700 E. El Camino Real, Suite 250, Mountain View, California, 94040, United States
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