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Company growth accelerates as businesses look to compete in a digital-first, real-time world
Mountain View, November 17, 2021—Redis today announced it has been named for the fifth 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 93rd in the Bay Area and 428th nationwide with 268% revenue growth.
“Organizations are being tasked with innovating rapidly to be able to compete in the real-time economy. There is immense pressure to build, deploy, and run modern applications that provide a rich user experience that will attract customers and maintain their loyalty,” said Ofer Bengal, Co-Founder and CEO at Redis. “Redis has built a data layer for a real-time world. We’re empowering some of the largest companies in the world and across every industry to deploy and run mission-critical applications at any scale––from anywhere.”
Redis continues to be one of the leading independent companies in the highly competitive database market. The open source database of the same name was selected as the “Most Loved Database” for the fifth consecutive year in Stack Overflow’s annual global developer survey. The company also was named to D.A. Davidson’s 2021 The Herd report for the second straight year, highlighting the top 100 private U.S. technology companies. Finally, the company was also selected as one of America’s Best Startup Employers in Forbes and Statista’s second annual ranking.
Redis Enterprise provides a unified data layer across any environment––from on-premises data centers to any public cloud––with sub-millisecond performance to power applications for the new data economy. In addition to blazing fast speed companies are empowered by five nines availability, low latency across different geographies––all at an attractive total cost of ownership, even for large datasets. With Redis Enterprise’s automation capabilities and integrations with popular tools, DevOps teams can deploy and manage their data layer just as they do with their application code with less overhead, operational burden, and ultimately deliver products with a faster time-to-market.
About Deloitte’s 2021 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 2015 to 2018.
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.