Redis, founded in 2011 and headquartered in Mountain View, California, United States, has raised about $355 million in total funding, reaching a $2 billion valuation. It offers a cloud-based, in-memory database platform that functions as a cache, vector database, document store, and streaming engine. With investors like Tiger Global Management and Goldman Sachs Investment Partners, Redis enables real-time data processing for AI, analytics, and enterprise workloads across global cloud environments.