As the cloud database market explodes, Redis Labs seizes growth through partnerships with cloud leaders and offering a unified real-time data platform
Mountain View, November 18, 2020—Redis Labs, the home of Redis and provider of Redis Enterprise, today announced it has been named for the fourth consecutive year to Deloitte’s North America Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. The company ranked 68th in the Bay Area and 357th nationwide with 276% revenue growth.
“Digital investments are accelerating during the COVID economy, with businesses prioritizing the development of applications powered by real-time, intelligent processing in the cloud,” said Ofer Bengal, Co-Founder and CEO at Redis Labs. “Redis Enterprise Cloud delivers the capabilities businesses and their software teams need—from on-premises to any cloud provider—and plays a critical role in enabling the largest companies in the world to achieve a competitive advantage in the data-driven economy.”
Redis Enterprise Cloud is a cost-effective, fully managed Database-as-a-Service (DBaaS) available as a hybrid and multi-cloud solution on AWS, Microsoft Azure, and Google Cloud. Built on the open source database developers know and love, Redis Enterprise Cloud delivers the sub-millisecond performance expected from Redis, at a virtually infinite scale, and endless possibilities using native data structures and modern data models.
The Deloitte Fast 500 designation continues a string of recent honors and recognition for the company, including being named to D.A. Davidson’s The Herd, a listing of the top 100 private U.S. technology companies. InfoWorld’s editors also named Redis as one of the best in open source software (BOSSIE Awards), while Redis Streams was selected by Datanami editors as the best streaming analytics solution for the second consecutive year.
About Deloitte’s 2019 Technology Fast 500™
Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
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.