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Executive Movements

Redis appoints Rowan Trollope as CEO; company co-founder Ofer Bengal to become Chairman

Redis, the leading real-time data platform, announced the nomination of Rowan Trollope to become the company’s Chief Executive Officer, replacing Ofer Bengal, who will become Chairman of the Board. The transition is part of a long-planned succession process and will be effective February 1, 2023, a statement said. Trollope joins Redis from Five9, Inc., where […]

Categories
Executive Movements

Redis Labs names Taimur Rashid as Chief Business Development Officer

Redis Labs, the home of Redis and provider of Redis Enterprise, has named Taimur Rashid as the company’s Chief Business Development Officer. Rashid brings to the company nearly two decades of experience in incubating new market opportunities and expanding the market reach for iconic enterprise software companies, the past 15 years being with leading cloud […]

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Investment

Redis Labs hits $1 bn valuation with $100 mn Series F funding

Redis Labs, the company behind Redis, the most popular open source database and the provider of Redis Enterprise, announced it has closed $100 million in Series F financing at a company valuation of more than $1 billion.  The Series F funding was co-led by Bain Capital Ventures and TCV, with participation by the company’s existing […]