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Redis Labs Announces 10th Consecutive Quarter of Double Digit Growth

Redis continues to establish itself as the database of choice for the Fortune 1000

Mountain View, March 8, 2018—Redis, the home of Redis and provider of Redis Enterprise, today announced its 10th consecutive quarter of double digit growth. The company’s software ARR increased by over 100 percent this past fiscal year ended on January 31, 2018. Redis continues to gain traction with enterprise customers—adding ADP, AllState, Cathay Insurance, ClubMed, CME Group, Cox Communications, Eurobet, GE Transportation, Experian Health, HRA, Israeli Post, MasterCard, Schneider Electric, Credit Agricole and WestPac Banking Corporation.

The increased revenue is the result of widespread customer adoption. The company’s enterprise customer count has grown to more than 8,200, driven by an acceleration of product innovation and expansion of Redis’ sales and marketing reach since its latest round of funding in April of 2017. In a recent survey, Redis Enterprise customers reported using the product to power a broad range of solutions in a variety of use cases. This growth is primarily driven by the advantages of high performance, true high availability and seamless scaling. More and more, customers demand database platforms that offer the versatility and resource efficiency necessary to power the next generation of applications—functionality that legacy databases lack.

“We are seeing enterprises gear up for a cloud-native world, with increased focus on high performance databases for their business-critical applications,” said Ofer Bengal, CEO and co-founder of Redis. “With matchless innovations in the Redis Enterprise platform, such as Active-Active geographic distribution powered by CRDTs, we have built the trust of some of the world’s largest brands.”

Technology Luminaries Added to Redis Boards:

Strengthened Executive Team:

Industry Accolades:

Product Innovations:

“Ensuring continuous availability and superior performance for our users is paramount for our business,” said Pablo Bustos, software engineer at Groupon. “With the new Active-Active capability in Redis Enterprise 5.0, we have the same Redis Enterprise speed and latency on reads and writes across our geographically distributed databases, delivering a seamless experience for our users.”

To see and hear the latest in the thriving Redis community, join RedisConf18 in San Francisco from Apr 24-26 for with over 75 keynotes and sessions.


About Redis

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.