By Reuters Staff
2 Min Read
FILE PHOTO: SoftBank Corp s logo is pictured at a news conference in Tokyo, Japan, Feb. 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo
(Reuters) - SoftBank Vision Fund 2 and Franklin Templeton led a $210 million investment in OneTrust at a valuation of more than $5 billion, the privacy and security software provider said on Thursday.
Including the investment, the total capital raised by OneTrust in it latest Series C round was $510 million. The firm, which counts Insight Partners, Coatue and TCV among its existing investors, has raised $920 million since it was founded.
Funding from SoftBank Vision Fund 2 opens up a strategic geographical position for OneTrust in Japan, the company said, as market demand accelerates in Asia Pacific and across the globe.
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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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Database startup Redis Labs announced a $110 million Series G round at a valuation over $2 billion.
Redis Labs plans to go public within a year, and has hit $100 million in annual recurring revenue.
Redis Labs is forging more partnerships with Amazon Web Services, Microsoft Azure, and Google Cloud.
Redis Labs, the startup behind the popular Redis database software, has surpassed a $2 billion valuation about double the over $1 billion it was last valued at in August as it prepares for an IPO as soon as this year.
SoftBank, Franklin Invest $210 Million in OneTrust at Over $5 Billion Valuation businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.