Redis Cloud Vendor Garantia Data Finalizes $9M In Series A Funding

Today, Garantia Data announced the finalization of $9 million in Series A funding in a round led by Bain Capital Ventures and Carmel Ventures. Garantia Data’s flagship product, Redis Cloud, delivers an enterprise-grade distribution of Redis that boasts high availability and limitless scalability within a fully managed offering hosted on cloud platforms such as Amazon Web Services, Windows Azure, Heroku, Cloud Foundry, AppFog, OpenShift and AppHarbor. In an interview with Cloud Computing Today, Garantia Data’s CEO Ofer Bengal noted that Redis Cloud will soon be available on IBM’s SoftLayer IaaS platform as well. Today’s funding raise brings the total capital raised by Redis to $13 million. The latest round of funding will be used both for product development and to expand Garantia Data’s sales operations team. Redis Cloud boasts over 1000 paying customers to date and jostles with the likes of MongoDB and Cassandra for market share within the open source NoSQL space.

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