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.