Question 1

What is Redis?

Accepted Answer

Redis is an in-memory data structure store that serves as a leading data platform for real-time applications. Founded in 2011, Redis specializes in caching, real-time analytics, and messaging solutions for businesses requiring high-performance data operations.

Question 2

What products and services does Redis offer?

Accepted Answer

Redis offers in-memory database, caching solutions, real-time analytics, message broker, and session management capabilities. The company also provides Redis Stack, which includes JSON, Search, TimeSeries, and Bloom filter functionalities.

Question 3

Who are Redis's typical customers?

Accepted Answer

Redis serves 8,500 customers worldwide, including Fortune 500 companies. The platform is designed for businesses requiring real-time applications and high-performance data operations.

Question 4

When was Redis founded and where is it located?

Accepted Answer

Redis was founded in 2011 and is headquartered in Mountain View, California.

Question 5

How much funding has Redis raised?

Accepted Answer

Redis has raised a total of $355 million in funding from investors including Tiger Global, SoftBank Vision Fund 2, and Bain Capital Ventures. The company achieved a $2B+ valuation from its April 2021 Series G funding round.

Question 6

What is Redis's current revenue?

Accepted Answer

Redis generated $209.8 million in revenue in 2024, representing significant growth from $154.2 million in 2023.

Question 7

What technology approach does Redis use?

Accepted Answer

Redis uses an in-memory data structure store architecture, which enables high-performance data operations for real-time applications. This approach makes it particularly effective for caching, analytics, and messaging workloads.

Question 8

What recent developments has Redis announced?

Accepted Answer

In 2024, Redis expanded its vector database capabilities specifically for AI/ML workloads. The company has positioned itself as a leading in-memory data platform for real-time applications with its enhanced Redis Stack offering.

Question 9

What is Redis Stack?

Accepted Answer

Redis Stack is an enhanced offering that includes JSON, Search, TimeSeries, and Bloom filter capabilities. It extends Redis's core in-memory database functionality to support a broader range of real-time application use cases.

Question 10

How does Redis support AI and machine learning workloads?

Accepted Answer

Redis has expanded its vector database capabilities in 2024 to specifically support AI/ML workloads. This enhancement allows the platform to handle the demanding real-time data requirements of artificial intelligence and machine learning applications.

Redis

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Frequently Asked Questions

What is Redis?

What products and services does Redis offer?

Who are Redis's typical customers?

When was Redis founded and where is it located?

How much funding has Redis raised?

What is Redis's current revenue?

What technology approach does Redis use?

What recent developments has Redis announced?

What is Redis Stack?

How does Redis support AI and machine learning workloads?

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