Valkey is an open-source fork of
Redis, licensed under the permissive
BSD 3-Clause license and backed by the Linux Foundation.
Redis was historically open source under the BSD license. In 2024, Redis Inc. (the company behind Redis) moved Redis to more restrictive source-available licenses (RSALv2 and SSPLv1). Because of that, the Linux Foundation, the Redis community, and some core maintainers created Valkey, a fork of the last open-source Redis version.
Redis later returned to open source with Redis 8 in 2025 under the AGPLv3 license. Valkey keeps the permissive BSD license, has its own development team, regular updates, and new features.