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Enterprise-class Redis Cloud provider strengthens position in in-memory NoSQL market
Santa Clara, July 10, 2013—Garantia Data, provider of the enterprise-class Redis Cloud service, today announced it has entered into an agreement to acquire MyRedis, a deal that will strengthen the company’s foothold in the in-memory NoSQL database market.
MyRedis offers on-demand, low-latency, production-ready Redis instances for Web applications, through the Heroku and AppHarbor platforms-as-a-service. With the addition of MyRedis, Garantia Data further illustrates its commitment to Redis customers and dedication to becoming the company of choice for enterprise-class Redis services. This deal fuels the growing trend of market consolidation within the NoSQL database industry, which includes the recent Rackspace acquisitions of Exceptional Cloud Services and ObjectRocket.
“We are excited that users of MyRedis will now be able to take advantage of the high-availability and auto-failover capabilities of Redis Cloud, as well as its infinite seamless scalability and stable top performance,” said Miles Smith, CEO and owner of MyRedis. “Our plan is to deliver a seamless transition so customers can immediately benefit from hosting their Redis datasets in the cloud with Redis Cloud.”
“We remain committed to providing an enterprise-class service to businesses and developers for all of their Redis databases,” said Ofer Bengal, co-founder and CEO of Garantia Data. “With the acquisition of MyRedis, Garantia Data is now well-positioned to emerge as a leading player in the Redis database market.”
Data is the lifeline of every business, and Redis helps organizations reimagine how fast they can process, analyze, make predictions, and take action on the data they generate. Redis provides a competitive edge to any business by delivering open source and enterprise-grade data platforms to power applications that drive real-time experiences at any scale. Developers rely on Redis to build performance, scalability, reliability, and security into their applications.
Born in the cloud-native era, Redis uniquely enables users to unify data across multi-cloud, hybrid and global applications to maximize business potential. Learn how Redis can give you this edge at redis.com.