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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. ....

United States , Mountain View , Tel Aviv , Yiftach Shoolman , Vikas Parekh , Fiserv Inc , Invitae Corp , Mastercard Inc , Microsoft Corp , Blackrock Inc , Redis Lab , Softbank Group Corp Vision Fund , Softbank Vision Fund , Home Depot Inc , Dell Technologies Inc , Softbank Group Corp , Vision Fund , Tiger Global Management , Bain Capital Ventures , Francisco Partners , Goldman Sachs Growth , Viola Ventures , Dell Technologies , Ofer Bengal , Enterprise Cloud , Azure Cache ,

IPO on the horizon: Redis Labs raised $310M and doubled its valuation


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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. ....

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 ,

Redis Labs Announces General Availability for Integrated Enterprise Tiers of Azure Cache for Redis – Consumer Electronics Net


1 month ago
New Enterprise tiers, fully managed by Microsoft, deliver active geo-replication, up to 99.999% availability, Redis on Flash, and expanded use cases for enterprise customers
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#dbaas–Today at Microsoft Ignite, Redis Labs announced the general availability of Redis Enterprise-powered tiers on Azure Cache for Redis, enabling companies to more effectively optimize for low-latency data access in their most critical applications. The Enterprise tiers are fully managed by Microsoft and are the result of a year-long collaboration between the companies to provide the most highly available, resilient, scalable, and extensible Redis service to customers.
The new Enterprise tiers offer unique benefits to developers, operators, and ultimately the customer’s bottom line. The combination of Redis Enterprise and Azure Cache for Redis enables companies to always have access to the latest enterprise ....

Julia Liuson , Aaron Phillips , Developer Division At Microsoft Corp , New Enterprise , Microsoft Ignite , Redis Labs , Redis Enterprise Powered , Azure Cache , Redis Enterprise , Ofer Bengal , Corporate Vice President , Developer Division , ஆரோன் பிலிப்ஸ் , டெவலப்பர் பிரிவு இல் மைக்ரோசாஃப்ட் கார்ப் , புதியது நிறுவன , மைக்ரோசாஃப்ட் பற்றவைக்கவும் , ரெதிச் ஆய்வகங்கள் , ரெதிச் நிறுவன போவர்ட் , நீலமான தற்காலிக சேமிப்பு , ரெதிச் நிறுவன , ஓபெர் பெங்கல் , பெருநிறுவன துணை ப்ரெஸிடெஂட் , டெவலப்பர் பிரிவு ,