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Cloud firm Redis Labs valued at $2 bil as SoftBank, Tiger Global invest

Cloud firm Redis Labs valued at $2 bil as SoftBank, Tiger Global invest
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Redis Labs Announces General Availability for Integrated Enterprise Tiers of Azure Cache for Redis – Consumer Electronics Net

1 month ago New Enterprise tiers, fully managed by Microsoft, deliver active geo-replication, up to 99.999% availability, Redis on Flash, and expanded use cases for enterprise customers MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#dbaas–Today at Microsoft Ignite, Redis Labs announced the general availability of Redis Enterprise-powered tiers on Azure Cache for Redis, enabling companies to more effectively optimize for low-latency data access in their most critical applications. The Enterprise tiers are fully managed by Microsoft and are the result of a year-long collaboration between the companies to provide the most highly available, resilient, scalable, and extensible Redis service to customers. The new Enterprise tiers offer unique benefits to developers, operators, and ultimately the customer’s bottom line. The combination of Redis Enterprise and Azure Cache for Redis enables companies to always have access to the latest enterprise-grade Redis

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