January 11 (SeeNews) - US privately-owned cloud firm Redis said that it has expanded operations in Bulgaria by opening a research and development centre in the capital Sofia.
Redis appointed Ivan Atanassov, former head of engineering at Uber in Sofia, to manage the new centre, the company said in a social media post on Wednesday.
The company plans to create 75 jobs, and continue to expand the local workforce, local media reported. Redis had not answered a SeeNews query by the time of publication.
Redis is currently seeking to fill backend and fullstack developer roles as well as positions in DevOps, CloudOps and test automation at the newly opened centre, Atanassov said in another social media post.
Based in Mountain View, California, Redis has offices in Austin Texas; London, UK, and Tel Aviv, Israel and is active in more than 25 countries, with over 700 employees. Founded in 2011, the company is the sponsor of an open-source database software and has developed a real-time data platform serving more than 8,000 global enterprises.
In 2020, Redis became a unicorn, meaning it reached a valuation of over 1 billion US dollars (910,370 euro), after raising 100 million US dollars in a Series F fundraising round led by US investment firms Bain Capital Ventures and TCV, with backers including Goldman Sachs Growth and Dell Technologies Capital.
In 2021, Redis reached a valuation of over 2 billion US dollars after attracting as new investors US private equity firm Tiger Global and SoftBank Vision Fund 2, an AI-focused fund of Japanese technology investment giant SoftBank.
($ = 0.9103 euro)