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Open Source : Redis Labs lève 110 millions $ de plus

Open Source : Redis Labs lève 110 millions $ de plus
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Tiger Global, SoftBank invest in cloud firm Redis Labs at $2b valuation

Tiger Global, SoftBank invest in cloud firm Redis Labs at $2b valuation FILE PHOTO: Japan s SoftBank Group Corp Chief Executive Masayoshi Son bows his head after his presentation at a news conference in Tokyo, Japan, Nov. 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo April 8, 2021 SoftBank Group Corp’s Vision Fund 2 and private equity firm Tiger Global Management have invested in Redis Labs, a real-time cloud analytics platform provider, in a late-stage funding round valuing the firm at over $2 billion. Existing investor TCV also participated in the round which raised $110 million, bringing the net amount so far to $347 million, the company said on Wednesday.

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Database Developer Redis Labs Snags $110M In Late-Stage Funding Round

Database Developer Redis Labs Snags $110M In Late-Stage Funding Round Developer of the popular Redis open-source database achieves a market value of more than $2 billion with investments led by Tiger Global. By Rick Whiting April 07, 2021, 05:16 PM EDT Open-source database software developer Redis Labs has raised $110 million in Series G Financing, the company said Wednesday, pushing its valuation over the $2 billion threshold. The company will use the new funding to continue development of its real-time data platform, based on its popular in-memory database, as well as expand the company’s global footprint and boost customer support. The additional financing brings Redis Labs total financing to $347 million, according to the Mountain View, Calif.-based big data company.

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IPO on the horizon: Redis Labs raised $310M and doubled its valuation

Results for IPO on the horizon: Redis Labs raised $310M and doubled its valuation Israeli startup Redis Labs valuation exceeds the $2B mark as the company prepares to go public. But the CEO promises a straight-up IPO, no SPAC route Oshry Alkeslasi / 8 Apr 2021 • 2 min read Israeli startup Redis Labs announced closing a $310 million Series G round. The investment was led by Tiger Global, with participation from SoftBank’s Vision Fund 2 and existing investor TCV. The investment is composed of a $110 million investment in the company, alongside a secondary deal with the trio of funds purchasing a $200 million stake from existing investors. The round has doubled Redis’s valuation, estimated now to be north of $2 billion.

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SoftBank : Redis Labs valued at over $2 billion in latest funding from SoftBank, others

SoftBank : Redis Labs valued at over $2 billion in latest funding from SoftBank, others
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