The database software provider completed a series G round backed by SoftBank Vision Fund 2 at a valuation exceeding $2bn.

Internet and telecommunications group SoftBank’s Vision Fund 2 helped US-based database software developer Redis Labs close a $110m series G round yesterday valuing it at over $2bn. Hedge fund manager Tiger Global Management led the round, which included growth equity firm TCV, with all three investors acquiring additional ownership stakes in the company through a…

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