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Redis Ltd.: Business Overview, Financials & Competitive Analysis

Redis is a cloud-based in-memory database platform that provides in-memory data store acting as a cache, vector database, document database, and streaming engine. The company surpassed $300 million ARR driven by AI in...

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What's in This Report
Redis Ltd. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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8/ 10Strong

Cyborg Score thesis

Redis is capitalizing on enterprise demand for real-time data infrastructure in the AI era, with strong revenue momentum and...

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Industry In-memory database platforms
5 named competitors
5 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 22, 2026
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Redis Ltd. Overview

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Redis is a cloud-based in-memory database platform that provides in-memory data store acting as a cache, vector database, document database, and streaming engine. The company surpassed $300 million ARR driven by AI infrastructure demand (January 2026). Under CEO Rowan Trollope, Redis has evolved from a leading cloud-era technology to a key player in the AI infrastructure space, empowering developers to build AI products and agents.

Strategic Profile

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Redis manages cloud and on-premise offerings delivering infinite scalability, true high availability, and expert support for real-time applications, caching, and high-volume transactions. As a Series G company founded in 2011, Redis has raised $355M in funding from investors like Bain Capital Ventures, Viola Group and Francisco Partners, with a current valuation of $2B.

Competitive Landscape

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Redis competes against GridGain, Zilliz, and Dragonfly as top competitors. The in-memory database and vector database markets are intensifying with both specialized and cloud platform vendors (e.g., Elasticsearch, MongoDB, DuckDB) offering overlapping capabilities. Redis's differentiator is its breadth across caching, vector search, document storage, and streaming combined with enterprise-grade reliability and AI-optimized tools.

Industry Context

Redis Ltd. operates in In-memory database platforms.

Key facts

Founded: 2011 · Headquarters: Mountain View, US · Employees: 1,454 · Revenue: $300M+ ARR (January 2026) · Market cap: $2B (private valuation, June 2026)

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The top findings that survived the multi-agent debate for Redis Ltd..

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

GridGainIn-memory computing platformZillizVector database platformDragonflyIn-memory data storeMongoDBDocument database platformElasticsearchSearch and analytics platform

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Industry context

Redis Ltd. operates in In-memory database platforms. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Redis Ltd. do?+
Redis is a cloud-based in-memory database platform that provides in-memory data store acting as a cache, vector database, document database, and streaming engine. The company surpassed $300 million ARR driven by AI in...
What is Redis Ltd.'s Cyborg Score?+
Redis Ltd. has a Cyborg Score of 8/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Redis Ltd.'s main competitors?+
Named competitors include GridGain, Zilliz, Dragonfly, MongoDB. The full competitive landscape is in the AskCyborg report.
How can I get the full Redis Ltd. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Redis Ltd. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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