MOUNTAIN VIEW, Calif., Dec. 8, 2017 /PRNewswire/ -- Redis Labs today announced it was included on both the Deloitte Technology Fast 500™ EMEA and the Technology Fast 50 Israel™ lists. Redis Labs was ranked 24th out of 500 companies for the Deloitte Technology Fast 500™ EMEA, and the company was named the fifth fastest-growing technology company on the Technology Fast 50 Israel™ list.
The Deloitte Technology Fast 500™ EMEA is a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in Europe, the Middle East and Africa (EMEA).
Similarly, the Technology Fast 50 Israel™ recognizes and honors the 50 fastest growing technology companies in Israel (private and publicly-held), based on percentage revenue growth over a four-year period.
Redis Labs' chief executive officer, Ofer Bengal, cites the growing need for instant access to data as the driver behind the company's growth trajectory. "The demand for and adoption of Redis Enterprise is accelerating due to the massive increase in applications needing real-time response," he said. "This achievement means so much to us given the caliber of technology companies based in Israel that we're being recognized alongside."
"Making it on the Technology Fast 50 shows a deep understanding of the market," said Shally Tshuva, Technology, Media & Telecommunications Industry Leader at Deloitte Israel. "Presenting such growth rates shows that Redis Labs holds the agility needed to prosper in a challenging and dynamic market."
Last month, the company placed 50th on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.
About Redis Labs
Redis Labs, home of open source Redis, the world's fastest in-memory database platform, provides Redis Enterprise (Redise), as a cloud service and as downloadable software, to over 7,500 enterprise customers. The high performance, true high availability and seamless scaling of Redise are top-ranked by industry analysts, and power use cases such as high speed transactions, queuing, user session stores, and caching, in e-commerce, social, personalization, IoT, metering, fraud detection and other real-time applications. Redis, voted the most loved database, rated the #1 cloud database, #1 database on Docker, #1 NoSQL datastore, and fastest growing NoSQL database reduces application complexity, simplifies development, accelerates time to market and provides unprecedented flexibility to developers.
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SOURCE Redis Labs