Digital Bulletin | Redis Labs valued at $2bn+ after $110m financing round

April 07 - 14:04

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.

> Sources

SiliconAngle - $110M late-stage funding vaults Redis Labs valuation past $2 billion

Source Captured: 07/04/2021 13:21:56

ZDNet - Redis Labs surpasses $2B valuation with latest funding round

Source Captured: 07/04/2021 13:21:56

> Tweets

$110M late-stage funding vaults Redis Labs valuation past $2 billion https://t.co/q9Y8Kcge3q
— SiliconANGLE (@SiliconANGLE) April 7, 2021

New year, new round, new valuation! https://t.co/HbNxJ9Yozg
Thank you @RedisLabs team, for our customers, our partners, the #redis core team and the #redis geeks around the world (and a special thank to @antirez ).
— Yiftach Shoolman (@Yiftachsh) April 7, 2021