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Garantia Data Acquires MyRedis
12:04:26 - 10 July 2013

Enterprise-class Redis Cloud provider strengthens position in in-memory NoSQL market

SANTA CLARA, Calif.--(BUSINESS WIRE)--Garantia Data, provider of the enterprise-class Redis Cloud service, today announced it has entered into an agreement to acquire MyRedis, a deal that will strengthen the company’s foothold in the in-memory NoSQL database market.

MyRedis offers on-demand, low-latency, production-ready Redis instances for Web applications, through the Heroku and AppHarbor platforms-as-a-service. With the addition of MyRedis, Garantia Data further illustrates its commitment to Redis customers and dedication to becoming the company of choice for enterprise-class Redis services. This deal fuels the growing trend of market consolidation within the NoSQL database industry, which includes the recent Rackspace acquisitions of Exceptional Cloud Services and ObjectRocket.

“We are excited that users of MyRedis will now be able to take advantage of the high-availability and auto-failover capabilities of Redis Cloud, as well as its infinite seamless scalability and stable top performance,” said Miles Smith, CEO and owner of MyRedis. “Our plan is to deliver a seamless transition so customers can immediately benefit from hosting their Redis datasets in the cloud with Redis Cloud.”

“We remain committed to providing an enterprise-class service to businesses and developers for all of their Redis databases,” said Ofer Bengal, co-founder and CEO of Garantia Data. “With the acquisition of MyRedis, Garantia Data is now well-positioned to emerge as a leading player in the Redis database market.”

About Garantia Data

Garantia Data offers enterprise-class Redis and Memcached in fully automated cloud services. The company’s Redis Cloud and Memcached Cloud deliver top performance in a highly-available, infinitely scalable, predictable and stable manner. These services completely free developers from dealing with nodes, clusters, scaling, data-persistence and failure recovery, while providing true auto-scalability and instant failover. Privately held and backed by a group of super angels, Garantia Data’s team of software veterans combines over 100 years of aggregate experience in high-speed networking, application acceleration and cloud computing with a proven track record in transforming innovative ideas into viable and valuable products. For more information on the company visit: http://www.garantiadata.com / Twitter: @garantiadata.


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