{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgJ6E-44KDA","lastupdate":"2023-09-19T00:00:00.000Z","update_date":"2023-09-19T00:00:00.000Z","lastModified":"Mar 4, 2025","active":1,"confidence_score":102,"confidence_score_reason":"markets","urlname":"redis-labs","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$v6BTjxcwpl2lY3o0mKXLezogMLoJOPCsbuIIlTyKuF1NCxFrMTwfEX","name":"Redis ","oneliner":"Real-time Data Platform","registrar":"514564327","website":"https://redis.io","careerspage":"https://redis.com/company/careers/jobs","founded_month":1,"founded_year":2011,"formernames":["redis labs","Garantia Data"],"sociallinks":{"twitter":"https://twitter.com/redislabs","youtube":"https://www.youtube.com/channel/UCD78lHSwYqMlyetR0_P4Vig","facebook":"https://www.facebook.com/RedisLabs","linkedin":"https://www.linkedin.com/company/2014725","instagram":"https://www.instagram.com/redislabsofficial"},"social":["https://www.linkedin.com/company/2014725","https://www.youtube.com/channel/UCD78lHSwYqMlyetR0_P4Vig","https://www.facebook.com/RedisLabs","https://twitter.com/redislabs","https://www.instagram.com/redislabsofficial","https://github.com/RedisLabs"],"flattenedsociallinks":"https://www.linkedin.com/company/2014725|https://www.youtube.com/channel/UCD78lHSwYqMlyetR0_P4Vig|https://www.facebook.com/RedisLabs|https://twitter.com/redislabs|https://www.instagram.com/redislabsofficial|https://github.com/RedisLabs","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"500+","employees_exact":1413,"patent":1,"raised":356000000,"stage":"G","public_stage":"G","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4JvZwIIIDA","primary_sector":"Business Software","alternativenames":["redislabs"],"about":"Redis Labs is the developer of the open-source Redis Database and the provider of Redis Enterprise, an in-memory database platform for transactional, analytics, and hybrid deployments. Redis Enterprise is available as a service in major public, private, and hybrid clouds, as well as downloadable software, powering eCommerce, social, personalization, IoT, metering, fraud detection, and other real-time applications.\r\n\r\nRedis's database reduces application complexity, simplifies development, accelerates time to market, and provides unprecedented flexibility for developers with its data structures and modules.\r\n\r\nRedis Labs is consistently ranked as a leader in top analyst reports on NoSQL, in-memory, and operational databases. Redis has been rated the number-one cloud database, number-one database in Docker, number-one NoSQL datastore, and fastest-growing NoSQL database.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+972732805177","country":null,"address":{"israeli":[{"id":"da0af565-fb5c-4b2b-a569-c83ee9fc94dd","city":"Tel Aviv-Yafo","type":null,"address":"Yigal Alon St 94, Tel Aviv, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"15224092-d15f-4dc7-949d-c43f3ed9b8a8","city":null,"address":"Bridge House, 4 Borough High St, London SE1, UK","country":"United Kingdom","placeid":"ChIJrWYRMFcDdkgRThAoT-6rBEc"},{"id":"321de3f0-cf7f-4178-9148-06e374f8b28e","city":"Mountain View","address":"700 e El Camino Real, Mountain View, CA 94040, United States","country":"United States","placeid":null}]},"headquarter_address":null,"district":"Center District","news":[{"id":"AgblAw7FPLyQyAYkWBxGWb77iMBMdR3QAN2nZNSffE6UPD5blhzLK4","date":"Apr 4, 2024","link":"https://www.themarker.com/technation/2024-04-04/ty-article/.premium/0000018e-a83e-d40c-adef-ffff8b8c0000","source":"www.themarker.com","visible":1,"analysis":{"tags":"Investment, Public Trading","company":"Redis","layoffs":"N/A","summary":"Israeli unicorn Redis recently sold shares in a secondary transaction, reflecting a company valuation of over $2 billion, slightly above its previous valuation in 2021. Among the funds that sold their shares in the company were Israeli Viola and American Tiger Global. Among the buyers were existing investors in Redis who increased their holdings and at least one new investor. Redis is targeting an IPO on Wall Street in 2025-2026.","partners":"N/A","customers":"N/A","investors":["Viola","Tiger Global"],"confidence":9,"key_topics":["Investment","Stock Sale","Company Valuation","IPO Plans","Existing Investors"],"date_of_event":"April 4, 2024","valuation_amount":"$2 billion","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Investment","Public Trading"],"acquisition_amount":"N/A","structuredIssuesShow":"#Investment  #Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"BGl1jOCn3mEGhPpTFMB2IO4EXiOnhFBxBik4URQdzvf6DrUOkThcyO","news_summary":"לפי שווי של יותר מ-2 מיליארד דולר: העסקה הגדולה בסטארט-אפ הישראלי רדיס","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"vIV17iUdcNoIXwo88Aog0r3rtVnO3Xrn4AOTXQp5IYQue6MSaIhRZq","date":"Mar 20, 2024","link":"https://techcrunch.com/2024/03/21/redis-switches-licenses-acquires-speedb-to-go-beyond-its-core-in-memory-database/","source":"techcrunch.com","visible":1,"analysis":{"tags":"Acquisition, Licensing Change","company":"Redis","layoffs":"Not mentioned","summary":"Redis, the in-memory data store, is changing its license from the open source three-clause BSD license to the Redis Source Available License (RSALv2) and Server Side Public License (SSPLv1). This change is aimed at preventing large cloud providers from offering free alternatives to Redis’ own hosted services. Cloud service providers hosting Redis will now need to enter into a commercial agreement with Redis, with Microsoft being the first to do so. Redis also announced the acquisition of storage engine Speedb to expand beyond the in-memory space. The company plans to continue working out in the open and allow any company to deploy the open source version of Redis.","partners":"Microsoft","customers":"Not mentioned","investors":"Not mentioned","confidence":8,"key_topics":["License Change","Acquisition","Cloud Providers","Storage Engine","Open Source"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned","structured_issues":["Acquisition","Customers","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Acquisition  #Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"ISAigOESNEAdvLVy4z69OEuwIYfHBStqaqWRCtxFaqoqyTBebRUXFx","news_summary":"Redis switches licenses, acquires Speedb to go beyond its core in-memory database | TechCrunch","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"dgDEfsPjqeqFMeEH0IwHX2QClD8GNQmzzOm4XOXNsWZ5zOKsEJmSi7","date":"Sep 13, 2023","link":"https://www.businesswire.com/news/home/20230913210080/en/Redis-Enterprise-Cloud-Integration-with-Amazon-Bedrock-Now-Available","source":"www.businesswire.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"ym9ayAtt1LTlxthIPkyggafB9sVrivoDANcLuJlhgv1ZIMEUve0xJ3","news_summary":"Redis Enterprise Cloud Integration with Amazon Bedrock Now Available","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"fT1Ze3wtBTSdxLngn7CPuuchiidrooZMnjGnCx31ZSJufQqpGWcE9N","date":"Jul 12, 2023","link":"https://www.businesswire.com/news/home/20230712449654/en/Redis-Enterprise-Cloud-Achieves-New-Security-and-Privacy-Certifications","source":"www.businesswire.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"dnJerMjpnq1AKBolPKh4WXOc1eR3XsOROSaJhNIjcHOidk5gnFl8U3","news_summary":"Redis Enterprise Cloud Achieves New Security and Privacy Certifications\n","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"V619sR1kuxlYTf8HPxdl32ZcomO1cmFRE3OlPAUIwq1FOQGOsFiAE5","date":"Dec 6, 2022","link":"https://www.pc.co.il/news/375956/?_atscid=7_134353_204082920_2321950_0_Txtetaxjxdshwhus8sp","source":"www.pc.co.il","visible":1,"analysis":{"tags":"Management Changes","company":"Redis","layoffs":null,"summary":"Real-time database company Redis has announced the appointment of Rowan Trollope as its new CEO, replacing Ofer Bengal who has been appointed as the chairman of the board. The changes are part of a planned transition process and will take effect on February 1, 2023. Trollope joins Redis from American public company Five9, where he served as CEO for the past four years. Bengal, who co-founded Redis in 2011, has been the companys CEO since its inception.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Management Change","New CEO"],"date_of_event":"2023-02-01","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":"Management Changes","acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"VvLWvqP4bqIJptZcvBv07uozCHyVfwJ00XRCWJhpmrkcIN2NlxbLBP","news_summary":"רדיס מינתה את רואן טרולופ להיות מנכ\"לה החדש -","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"Gxbmyjf5TlwyzmhmrMtp3mC9mXNJIJhThxYxydwcIZpqetms4ljDtZ","date":"Apr 7, 2022","link":"https://thenewstack.io/redis-puts-almost-everything-under-a-single-module/","source":"thenewstack.io","visible":1,"analysis":{"tags":"data platform","company":"Redis","layoffs":null,"summary":"Redis has released Redis Stack, a single module that transforms Redis into an enterprise data platform, simplifying the creation of data-driven applications. The module combines various functionalities developed by Redis, including full-text search, time-series data, messaging and queuing, and document capabilities. Redis Stack also includes RedisInsight, a tool for visualizing and optimizing Redis data, and the Redis Stack Client SDK, which provides official Redis clients and object mapping libraries. The release of Redis Stack demonstrates Redis aim to become a universal high-performance data fabric for cloud and edge applications.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["Redis Stack","data-driven applications","Redis modules","RedisInsight","Redis Stack Client SDK"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"xcLbf0jMlVp5dI7UVOF68P1XyefufdvmeFbYOjtOvD2CIEEeiMgYf9","news_summary":"Redis Puts (Almost) Everything Under a Single Module","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3dc27362-2ffb-451d-a596-f2632ee98fcc","date":"Jan 12, 2022","link":"https://www.calcalist.co.il/calcalistech/article/sy8bkdh2t?_atscid=7_134353_204082920_2086978_0_Txtetaxjxdshwhus8sp","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"new director, research and development, cybersecurity","company":"רדיס","layoffs":null,"summary":"רדיס, a database company, is preparing for an IPO and has appointed two new independent directors, Dr. Dorit Dor and Kimberly Alex. The company aims to add value with their extensive experience in public companies. The appointment of the new directors indicates the companys intention to go public soon. רדיס has raised $347 million to date and has a valuation of over $2 billion. The company has around 700 employees worldwide, with 230 in its development center in Israel.","partners":null,"customers":null,"investors":"Tiger Global, Bain Capital Ventures, Francisco Partners, Goldman Sachs Growth, Viola Ventures, TCV, Dell Technologies Capital","confidence":8,"key_topics":["director","research and development","cybersecurity","company growth","investment"],"date_of_event":"unknown","valuation_amount":"over $2 billion","impact_on_company":"growth-positive","investment_amount":"$347 million","structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"UEcppomv8AzbHSzVkJnHPbgTHfBD0whwQehvbFBYdS9yWPCykSmoLl","news_summary":"רדיס נערכת להנפקה וממנה את סמנכ\"לית המחקר והפיתוח של צק פוינט לדירקטורית  כלכליסט","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"af219d2c-f469-4454-8c0f-15134834fa85","date":"Dec 21, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3925456,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"IPO","company":"Redis Labs","layoffs":null,"summary":"Israeli database software developer Redis Labs is planning an IPO on Nasdaq in May 2022 at a valuation of $4-5 billion. 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It currently employs 700 people worldwide.","partners":null,"customers":null,"investors":"Tiger Global, Softbanks Vision Fund 2, TCV","confidence":9,"key_topics":["IPO","Valuation","Investment","Customers","Partners"],"date_of_event":"May 2022","valuation_amount":"$4-5 billion","impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Public Trading"],"acquisition_amount":null,"structuredIssuesShow":"#Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"X9DVSH4k5F2tG1vvZJSnpIvhobGSh9RCwC6U1zjoWP363txq3K1kVp","news_summary":"Redis Labs heading to Nasdaq at $4-5 billion valuation","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"pl2t5bU4wt0D3zsfFlJzJi9XUvYZ1pLpO0zYwjkFO1bvliarFuP2lJ","date":"Dec 1, 2021","link":"https://www.businesswire.com/news/home/20211201005098/en/Speedb-Snaps-up-4m-and-Launches-on-Redis-to-Reveal-New-Data-Engine-Technology","source":"www.businesswire.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"CKpHcquYRtraMjBdxYwTcHCQsVwVRjg4oBRYDH805wi9opmyKzhoSu","news_summary":"Speedb Snaps up $4m and Launches on Redis to Reveal New Data Engine Technology","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"46349f74-61fe-4b34-8605-ef7e8515a79f","date":"Apr 23, 2021","link":"https://www.calcalist.co.il/local_news/article/BkPT1pCUd?_atscid=7_134353_204082920_1838430_0_Txtetaxjxdshwhus8sp","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"entrepreneurship","company":"Radis Labs","layoffs":null,"summary":"The article chronicles the entrepreneurial journey of Ofer Bengal, co-founder and CEO of Radis Labs. Initially aspiring to establish a toy company, Bengals career took a significant turn when he met the Zisapel brothers in 1989. They persuaded him to pivot from toys to technology, leading to the creation of Rit Technologies, a pioneer in Israels high-tech industry. Bengals career is marked by various ventures, including successful exits and challenging failures. His story underscores the importance of adaptability and resilience in entrepreneurship. The Zisapel brothers played a crucial role in his transition to the tech industry, investing in his vision and guiding him through the early stages of his high-tech career.","partners":["Zisapel Brothers"],"customers":null,"investors":["Zisapel Brothers"],"confidence":9,"key_topics":["entrepreneurship","investment","technology","career","startups"],"date_of_event":"1989","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"dUyaXCD01XDWuXtAHP83Bnaub2MWnugnijyi2iPspAgGB4XZD0Syfg","news_summary":"המנכ\"ל שחלם להקים חברת צעצועים, וייסד חד קרן טכנולוגי  כלכליסט","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"03748c48-9509-4116-9182-0484c14c69c0","date":"Apr 7, 2021","link":"https://en.globes.co.il/en/article-israeli-co-redis-labs-raises-310m-at-over-2b-valuation-1001366643","source":"en.globes.co.il","visible":1,"analysis":{"tags":"financing","company":"Redis Labs","layoffs":null,"summary":"Redis Labs, an Israeli database software company, has completed a $110 million Series G financing round led by Tiger Global, bringing the companys valuation to over $2 billion. 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The fiscal year ending in January 2021 saw a revenue growth rate of over 54% and a net retention rate greater than 120%.","partners":null,"customers":"Fortune 100 companies","investors":"Tiger Global, SoftBank Vision Fund 2, TCV","confidence":9,"key_topics":["Financing round","Series G","Investors","Valuation","Customer growth"],"date_of_event":"April 7, 2021","valuation_amount":"$2 billion","impact_on_company":"growth-positive","investment_amount":"$110 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"mHIJo1K9cOyQofz59DjAPvCKTdlCwVak8cD0e1jZn4VG1HBKe00O0d","news_summary":"Israeli co Redis Labs raises $310m at over $2b valuation","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"561790bc-3413-4897-b6ab-96f5a2b42e01","date":"Sep 3, 2020","link":"https://www.businesswire.com/news/home/20200903005100/en/Redis-Labs-Achieves-Advanced-Technology-Partner-Status-in-the-AWS-Partner-Network","source":"www.businesswire.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"O0dGdnbRBSg3vhKX2y9jhSYsjdlGbXilTCYixLJdc2k6UtBtEjH8U1","news_summary":"Redis Labs Achieves Advanced Technology Partner Status in the AWS Partner Network","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"403280b3-1710-4580-9749-cfd7bf9efb96","date":"Aug 25, 2020","link":"https://en.globes.co.il/en/article-database-co-redis-labs-raises-100m-at-over-1b-valuation-1001340531","source":"en.globes.co.il","visible":1,"analysis":{"tags":"investment, customers","company":"Redis Labs","layoffs":null,"summary":"Redis Labs, an open source database company based in Israel, has completed a $100 million Series F financing round, bringing its total amount raised to over $246 million. 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The company has over 7,500 customers, including MasterCard, Dell, Microsoft, and Gap.","partners":null,"customers":"MasterCard, Dell, Fiserv, Home Depot, Microsoft, Costco, Gap, Groupon","investors":"Bain Capital Ventures, TCV, Francisco Partners, Goldman Sachs Growth, Viola Ventures, Dell Technologies Capital","confidence":9,"key_topics":["Redis Labs","Series F financing","valuation","investment","customers"],"date_of_event":"August 25, 2020","valuation_amount":"$1 billion","impact_on_company":"growth-positive","investment_amount":"$100 million","structured_issues":["Investment","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"1OMftIaBUTmQaWMgoG6gyF8wGau1scs7LfoVRoD2vAozoQ9zBEfhmn","news_summary":"Database co Redis Labs raises $100m at over $1b valuation","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e5418547-73a2-43e3-a42d-0eaeac515494","date":"May 12, 2020","link":"https://techcrunch.com/2020/05/12/microsoft-partners-with-redis-labs-to-improve-its-azure-cache-for-redis/","source":"techcrunch.com","visible":1,"analysis":{"tags":"partnership, expansion","company":"Microsoft","layoffs":null,"summary":"Microsoft is expanding its Azure Cache for Redis service by adding Redis Enterprise, Redis Labs commercial offering, to its platform. 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