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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. ....

Salvatore Sanfilippo , Softbank Vision Fund , Redis Lab , Redis Labs , Tiger Global , Vision Fund , Redis Enterprise , Azure Cache , Ofer Bengal , Yiftach Shoolman , சால்வடோர் சான்ஃபிலிப்போ , சாப்ட் பேங்க் பார்வை நிதி , சாப்ட் பேங்க் , ரெதிச் ஆய்வகம் , ரெதிச் ஆய்வகங்கள் , புலி உலகளாவிய , பார்வை நிதி , ரெதிச் நிறுவன , நீலமான தற்காலிக சேமிப்பு , ஓபெர் பெங்கல் ,