April 07 - 14:04
9D
Redis Labs valued at $2bn+ after $110m financing round
Redis Labs has closed $110m in financing led by a new investor, Tiger Global, which brings the company’s valuation to more than $2bn. The company’s Series G round also includes participation from another new investor, Softbank Vision Fund 2, and existing Redis Labs investor TCV. Additionally, Tiger, Softbank, and TCV acquired additional ownership as part of a $200m secondary transaction.
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