MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Redis Labs, the home of Redis and provider of Redis Enterprise, today announced it has been named for the third 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 205th overall, outpacing the median revenue growth of 449 percent for the software sector.
“Through our investment in the developer community, Redis has become one of the most loved databases in the world. Leading businesses are increasingly choosing Redis Enterprise to run their high-performance applications at scale because it simply provides the best Redis experience,” said Ofer Bengal, co-founder and CEO at Redis Labs. “Redis Enterprise provides operational efficiency, developer productivity, and financial value to help our customers achieve transformational results from their data.”
Earlier this year Redis Labs was also named for the second consecutive year as a Technology Fast 500™ EMEA award winner.
Overall, 2019 Technology Fast 500™ companies achieved revenue growth ranging from 166 percent to 37,458 percent from 2015 to 2018, with median growth of 439 percent.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th 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.
About Redis Labs
Modern businesses depend on the power of real-time data. With Redis Labs, organizations deliver instant experiences in a highly reliable and scalable manner. Redis Labs is the home of Redis, the world’s most popular in-memory database, and commercial provider of Redis Enterprise that delivers superior performance, matchless reliability and unparalleled flexibility for high-speed transactions, recommendation engines, data ingest, fraud mitigation, real-time indexing, session management, and caching.
Redis Labs, ranked as a leader in top analyst reports on NoSQL, in-memory databases, operational databases, and database-as-a-service, is trusted by seven Fortune 10 companies, three of the four credit card issuers, three of the top five communication companies, three of the top five healthcare companies, six of the top eight technology companies, and four of the top seven retailers.
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.