Breaking: Redis 8 ships vector sets - its first new core data type in years 2025: Redis returns to open source under AGPLv3 Powers real-time feeds, location tracking & caching at internet scale Valued north of $2 billion after 2021 Series G Creator antirez rejoined the company in 2024 REmote DIctionary Server - born as a side project in 2009 Breaking: Redis 8 ships vector sets - its first new core data type in years 2025: Redis returns to open source under AGPLv3 Powers real-time feeds, location tracking & caching at internet scale Valued north of $2 billion after 2021 Series G Creator antirez rejoined the company in 2024 REmote DIctionary Server - born as a side project in 2009
Company Dossier · Developer Tools · Real-Time Data
Redis logo - the stacked red cube
THE CUBE: three stacked tiles, a star, an eye. The mark a billion requests a second pass through without ever noticing.

Redis

The in-memory data store that answers the oldest question in software - "why is this so slow?" - in under a millisecond.

Founded 2011 Mountain View, CA ~1,300 people $2B+ valuation
The Scene

Right now, you are already using it

Open an app. Tap a feed, load a cart, check a score, ask a chatbot something. Somewhere in that half-second, a request flickers through a small red box of memory and back out before your screen finishes drawing. You will never see it. That is rather the point. Redis is the database that works hardest when no one is watching - the stagehand of the modern internet, holding the props so the show never pauses.

Most databases are built to remember. Redis is built to remember fast. It keeps data in RAM instead of on disk, which is a bit like keeping your keys in your pocket rather than in a vault across town. The result is sub-millisecond response times that turned a clever shortcut into critical infrastructure for companies you use every day.

It did not start as a company, or even as a plan. It started as one developer's irritation.

By the numbers
2009
Created by antirez
$0
Total funding raised
8
Core data structures+
<1ms
Typical latency
The Origin

A speed hack that refused to stay temporary

In 2009, an Italian developer named Salvatore Sanfilippo - known online as antirez - was building a real-time web analytics tool called LLOOGG. The system needed to record visitor events and read back recent activity, constantly and quickly. MySQL, the obvious choice, buckled under the pace.

So he did the thing that founds legends and breaks weekends: he wrote his own. A small server that held data in memory and spoke in simple commands. He called it Redis - REmote DIctionary Server - and open-sourced it. Developers took one look at the speed and never gave it back.

Two years later, in 2011, Ofer Bengal and Yiftach Shoolman founded a company - first Garantia Data, then Redis Labs, eventually just Redis - to build a business around the project. In 2015 they hired antirez himself to steward the open-source core.

The arc since reads less like a roadmap and more like a novel: a beloved creator, a runaway open-source hit, a billion-dollar company, a public fight over licensing, and a homecoming. We will get to the fight.

"It began because MySQL was too slow. The fix was supposed to be temporary. Fifteen years later it is load-bearing."
What You Can Do With It

One small box, a surprising number of jobs

Redis is often filed under "cache," which is a little like calling a Swiss Army knife "a bottle opener." It is true, but it undersells the rest of the tools.

Caching

Sit in front of a slow database and hand back hot data instantly. The classic job, still the most common one.

Sessions

Hold who-is-logged-in for millions of users without hammering your primary store on every click.

Real-time

Leaderboards, live counters, location tracking, feeds - anything that has to update the instant it changes.

Messaging

Pub/sub and streams to move events between services, queue work, and fan out notifications.

Search & JSON

Store documents, run full-text and secondary-index queries - a query engine baked into the core.

AI & Vectors

Vector similarity search, semantic caching and LLM memory - the recall layer behind AI agents and RAG.

Approximate description of common use cases - exact capabilities depend on version and configuration.

Follow The Money

How you fund a free database

The core is open source and costs nothing. The business is the open-core model: managed cloud (Redis Cloud) and self-managed enterprise software for the companies that want it run for them, or run at scale. Investors clearly liked the math.

Series E '19
$60M
Series F '20
$100M
Series G '21
$110M
Selected late-stage rounds. Series G (Apr 2021, led by Tiger Global) pushed valuation past $2B. Total raised across all rounds is roughly $356M.
"Redis began because MySQL was too slow - so the fix became a database used by half the internet."
- The short version of a fifteen-year story
The Plot Twists

The license fight, and the homecoming

For most of its life Redis was BSD-licensed - about as permissive as open source gets. Then came 2024, and the most-watched corporate drama in databases that year.

2009

The side project

antirez writes Redis to speed up his analytics tool and open-sources it.

2011

A company forms

Bengal and Shoolman found the business that becomes Redis Labs, then Redis.

2015

Creator joins

antirez comes on board as lead open-source maintainer.

Mar 2024

The license switch

Redis drops BSD for a dual RSALv2 / SSPL model. Cloud providers can no longer use the source freely. The community erupts.

2024

Valkey is born

The codebase is forked into Valkey under the Linux Foundation, backed by AWS, Google and Oracle.

Nov 2024

antirez returns

The creator rejoins Redis and pushes for a path back to open source.

May 2025

Redis 8 & AGPLv3

Redis returns to an OSI-approved open-source license, folds JSON, search, time series and vector sets into the core.

In Production

Quietly running where speed is not optional

Redis shows up wherever a delay would be noticed - real-time feeds, location updates, session stores, and the recall layer behind AI features. Production users have included internet-scale names alongside a large share of the Fortune 500.

Twitter / X feedsUber locationGitHubSnapchat (KeyDB fork) FinanceRetailHealthcareGamingTelecom

Representative production users and sectors per public reports; not an exhaustive or endorsed customer list.

The People

Three names on the commit history

Salvatore Sanfilippo
Creator "antirez" - joined 2015, returned 2024
Ofer Bengal
Co-founder, former CEO, Exec Chairman
Yiftach Shoolman
Co-founder & CTO
CEO - led the 2025 open-source return
Watch & Learn

Interviews & product demos

The Scene, Revisited

Still in your pocket

Open the app again. The feed loads, the cart remembers, the chatbot recalls what you said three messages ago. None of it pauses to think, because something already did the thinking and stashed the answer in memory. That is the same red box, doing the same quiet job it did for a frustrated developer in 2009 - except now it does it for millions of apps, and increasingly for the AI sitting between you and your questions.

Redis spent its fifteenth year arguing with itself in public about licenses and then coming home to open source. The drama made headlines. The database, meanwhile, kept answering in under a millisecond - which was always the only thing it promised to do. The internet got faster, and most people never noticed who to thank.

The Rolodex

Links & handles

Spread the word