The financing round in the database software company included a $200 million secondary transaction.
Israeli database software Redis Labs today announced it has completed a $110 million Series G financing round led by new investor Tiger Global, which brings the company's valuation to more than $2 billion. Also participating in the round were new investor SoftBank Vision Fund 2*, and existing investor TCV. Tiger, SoftBank, and TCV also acquired additional ownership as part of a $200 million secondary transaction.
The financing round in the database software company included a $200 million secondary transaction.
Israeli database software Redis Labs today announced it has completed a $110 million Series G financing round led by new investor Tiger Global, which brings the company's valuation to more than $2 billion. Also participating in the round were new investor SoftBank Vision Fund 2*, and existing investor TCV. Tiger, SoftBank, and TCV also acquired additional ownership as part of a $200 million secondary transaction.