Valkey is an open source key/value datastore for caching, message queues and primary-database use. It offers clustering, replication and Lua scripting, and it continues the BSD-licensed Redis codebase. The project is backed by the Linux Foundation rather than by a single vendor.
Valkey is released under the BSD 3-Clause licence, a permissive open source licence. The licence file dates the project's own copyright from 2024 and also credits code written by Redis Ltd. between 2006 and 2020, which reflects the shared origin of the two code bases. For buyers who want to remain on terms equivalent to those that applied to older Redis versions, this licensing position is the main point of interest.
The software is run self-managed. No managed cloud service, commercial edition or published pricing was confirmed, so organisations that need vendor support or a hosted service should check what is available from the project and from third parties before relying on it.
The latest release is 9.1.2, dated 1 September 2026. The project describes itself as suited to caching, queues and use as a primary database, which means teams moving from Redis should test their own workloads and any modules they depend on before switching, because Redis 8 bundled modules are a separate matter.