Redis, Inc. is an American enterprise software and real-time database infrastructure company founded in 2011 by Ofer Bengal and Yiftach Shoolman, commercializing the open-source in-memory data store created by Salvatore Sanfilippo in 2009. Headquartered in Mountain View, California, with major research and development facilities in Tel Aviv, Israel, Redis delivers sub-millisecond data processing for caching, message streaming, session management, and generative AI vector retrieval. Operating across multi-cloud environments including AWS, Azure, and Google Cloud, Redis powers mission-critical workloads for over 10,000 corporate clients, including Twitter/X, GitHub, Uber, and Microsoft. In 2026, Redis generated over $300 million in annual recurring revenue ($300M+ ARR) under the leadership of Chief Executive Officer Rowan Trollope.
What Does Redis Do?
Redis provides a unified real-time data platform designed to process high-throughput workloads with microsecond latency:
- In-Memory Caching & Session Management: Accelerates web application responsiveness by storing frequently accessed database queries, user session tokens, and shopping carts directly in RAM.
- High-Speed Vector Search: Indexes high-dimensional vector embeddings in memory to power real-time semantic search, recommendation engines, and GenAI retrieval-augmented generation (RAG).
- Active-Active Multi-Cloud Replication: Patented Conflict-Free Replicated Data Types (CRDTs) that synchronize real-time writes across geographically distributed clusters on AWS, Azure, and Google Cloud.
- Redis Flex & NVMe Storage Tiering: Powered by the 2024 acquisition of Speedb, Redis Flex extends memory onto high-speed NVMe flash SSDs, reducing hardware costs by up to 70% while maintaining sub-millisecond throughput.
- Real-Time Stream Processing & Pub/Sub: High-throughput messaging fabric that coordinates asynchronous microservice architectures and real-time telemetry streams.
- Multi-Model Document Capabilities: Native execution of JSON documents, full-text search, and time-series data without requiring auxiliary database systems.
How Does Redis Make Money?
Redis monetizes through an enterprise hybrid-cloud software model:
- Redis Enterprise Cloud (~60% of Revenue): A fully managed Database-as-a-Service (DBaaS) running across AWS, Microsoft Azure, and Google Cloud, billed via consumption-based hourly usage or committed multi-year enterprise contracts.
- Redis Enterprise Software (~30% of Revenue): Self-managed software licenses deployed on on-premises bare metal, VMware, or private Kubernetes clusters, monetized through annual per-sharded-RAM subscriptions.
- Redis Flex & AI Vector Add-Ons (~10% of Revenue): Premium extensions monetizing NVMe SSD storage tiering, enterprise vector search, and automated semantic LLM caching.
Table of Contents
Redis, Inc. Key Facts
| Company | Redis, Inc. |
|---|---|
| Financials | $300M (annualized run-rate, 2026) |
| Last reviewed | By Swet Parvadiya, Founder & Editor - October 2026 |
| Founded | 2011 |
| Founder(s) | Salvatore Sanfilippo, Ofer Bengal, Yiftach Shoolman |
| CEO | Rowan Trollope |
| Headquarters | Mountain View, California, United States |
| Industry | In-Memory Database |
| Employees | 1,300+ |
Redis Company Profile: Business Model, History & Strategy
"Redis passed $300 million in ARR in January 2026, with 12,000+ paying customers and more than 50 accounts spending over $1 million a year."
Redis, Inc. is a private database company founded in 2011 that commercializes the open-source Redis in-memory data store. It passed $300 million in ARR in January 2026, has 12,000+ paying customers, and is led by CEO Rowan Trollope.
Founded
2011
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Detailed research across every dimension of Redis — history, financials, leadership, and strategy.
Company History
Redis is a real-time data platform best known as the cache that sits in front of slower databases. Because data lives in RAM, reads and writes typically complete in under a millisecond, which is why Redis is used for…
Full Redis history →Revenue & Financials
Explore the revenue figures and source links available for Redis. Full-year revenue may be unavailable.
Redis financials →Founders
Redis was founded by Salvatore Sanfilippo, Ofer Bengal, Yiftach Shoolman in 2011. Explore each founder's background, motivations, and their role in building the company.
Redis founders →CEO & Leadership
Redis is currently led by Rowan Trollope. Explore the full CEO history — leadership transitions, tenures, and the strategic decisions of each chief executive.
Redis CEO history →Business Model
Redis follows an open-core model. The Redis engine is free to download, while the company charges for Redis Cloud, a managed database service billed by memory, throughput and features on AWS, Google Cloud and Azure, and…
How Redis makes money →Acquisitions
Redis has completed 4 documented acquisitions. Explore the full acquisition history and strategic rationale behind each deal.
Redis acquisitions →Competitive Strategy
Growth rests on moving customers from free Redis to Redis Cloud, expanding large accounts (50+ spend over $1M a year), and selling AI features such as vector search, semantic caching and feature stores.
Redis strategy →Related Company Comparisons
Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.
Sources & References
- [1]Redis, Inc. Corporate Website
- [2]Redis, Inc. 2026 revenue figure: Redis
- [3]redis.io
- [4]redis.io
- [5]redis.io
- [6]timesofisrael.com
- [7]sacra.com
Financial data on this page is sourced from SEC EDGAR filings, official earnings releases, and verified press statements. Revenue figures are reviewed and updated periodically. Read our full data methodology ->
Editorial Methodology
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Frequently Asked Questions About Redis
What is Redis, Inc.'s revenue and employee count?
Redis said ARR passed $300 million in January 2026. Press reports in mid-2026 put global headcount at about 1,300.
How does Redis make money?
Redis monetizes through Redis Enterprise Cloud (consumption-based managed DBaaS on AWS, Azure, and Google Cloud), Redis Enterprise Software (annual self-managed multi-cloud licenses), and premium AI vector search add-ons.
What is Redis's primary moat against competitors like MongoDB and AWS?
Redis's primary moat is sub-millisecond in-memory response latency, leading developer ubiquity, and patented Active-Active multi-cloud replication with Conflict-Free Replicated Data Types (CRDTs).
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