Redis is an in-memory data structures server that can be used as a database, cache, message broker, and queue. It supports many data types like strings, hashes, lists, sets, sorted sets, bitmaps, hyperloglogs and provides features like replication, Lua scripting, publish/subscribe, and key-value access. Redis is written in C and known for its high performance due to its small codebase and use of memory for storage instead of disk.