{"id":111478,"date":"2021-04-07T13:56:15","date_gmt":"2021-04-07T13:56:15","guid":{"rendered":"https:\/\/fin2me.com\/?p=111478"},"modified":"2021-04-07T13:56:15","modified_gmt":"2021-04-07T13:56:15","slug":"redis-labs-valued-at-over-2-billion-in-latest-funding-from-softbank-others","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/redis-labs-valued-at-over-2-billion-in-latest-funding-from-softbank-others\/","title":{"rendered":"Redis Labs valued at over $2 billion in latest funding from SoftBank, others"},"content":{"rendered":"<p>(Reuters) &#8211; Redis Labs, a real-time cloud analytics platform firm, said on Wednesday it has raised $110 million in its Series G round from investors including SoftBank Group Corp\u2019s Vision Fund, valuing the firm at over $2 billion.<\/p>\n<p>The latest round, with funding from new investors Vision Fund and Tiger Global Management and existing investor TCV, brings the net amount raised by Redis Labs so far to $347 million.<\/p>\n<p>The company\u2019s investors include Bain Capital Ventures, Francisco Partners, Goldman Sachs Growth, Viola Ventures and Dell Technologies Capital.<\/p>\n<p>Founded in 2011 by Ofer Bengal and Yiftach Shoolman in Tel Aviv, Israel, Redis Labs\u2019 platform helps organizations process, analyze and forecast data effectively with its in-memory database. It acts as a custodian for open source database Redis.<\/p>\n<p>The Mountain View, California-based firm has more than 8,000 paying customers including MasterCard Inc, Dell Technologies Inc, Fiserv Inc, Home Depot Inc and Microsoft Corp.<\/p>\n<p>Redis Labs\u2019 revenue grew by 54% over the last three years ended Jan. 3, 2021.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-redis-labs-funding\/redis-labs-valued-at-over-2-billion-in-latest-funding-from-softbank-others-idUSKBN2BU1WT\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Redis Labs, a real-time cloud analytics platform firm, said on Wednesday it has raised $110 million in its Series G round from investors [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Redis Labs valued at over $2 billion in latest funding from SoftBank, others - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/redis-labs-valued-at-over-2-billion-in-latest-funding-from-softbank-others\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redis Labs valued at over $2 billion in latest funding from SoftBank, others - Fin2me\" \/>\n<meta property=\"og:description\" content=\"(Reuters) &#8211; 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