Redis Labs Inc., which sells a commercial version of the popular Redis open-source database management system, today said it has closed $100 million in a new late-stage funding.

The Series F round brings Redis’ total financing to more than $246 million and values the company at more than $1 billion, making it a so-called unicorn.


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IsraelEconomist.co.il Comments:

Redis is getting ready to be a world player.

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