Redis Acquires Speedb To Supercharge End-To-End Application Performance At Lower Cost
Acquiring Company
Redis
Acquired Company
Speedb
South San FranciscoMountain ViewSoftwareEnterprise SoftwareAnalyticsSoftwareDescription
Redis, the leading real-time data platform, today announced the acquisition of Speedb, the world’s fastest data storage engine, to support a broad array of enterprise applications and use cases with diverse performance requirements. Redis will leverage Speedb to enhance real-time data processing and power low-latency user experiences, all while guaranteeing unmatched cost performance for all applications where speed is critical, including generative AI applications.
Quick answer
Redis is acquiring Speedb, announced March 21, 2024. Redis is based in South San Francisco, California, United States.
- How much did Redis pay for Speedb?
- The deal value was not disclosed.
- What does Redis do?
- Data is the lifeline of every business, and Redis helps organizations reimagine how fast they can process, analyze, make predictions, and take action on the data they generate.
- Where are Redis and Speedb based?
- Redis is based in South San Francisco, California, United States. Speedb is based in Mountain View, California, United States.
- Who are the decision-makers at Redis?
- Fundz holds 1 contact at Redis. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Speedb?
Speedb was acquired by Redis, based in South San Francisco. The deal was reported on March 21, 2024. Data is the lifeline of every business, and Redis helps organizations reimagine how fast they can process, analyze, make predictions, and take action on the data they generate. Redis is privately held and operates in Software.
When did Redis acquire Speedb?
Redis's acquisition of Speedb was reported on March 21, 2024. Redis, the leading real-time data platform, today announced the acquisition of Speedb, the world’s fastest data storage engine, to support a broad array of enterprise applications and use cases with diverse performance requirements. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Speedb do?
Our primary mission is to support an open source and enterprise community where RocksDB and Speedb developers, users and stakeholders can interact to improve, share knowledge, and continue to innovate the next generation key value storage engine. It is privately held, operating in Software, and is based in Mountain View.
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