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The CEO of $2 billion database startup Redis Labs says it's aiming for an IPO as soon as this year as it crosses $100 million in annual revenue

13 days ago   |   By Business Insider

Summary List Placement Redis Labs, the startup behind the popular Redis database software, has surpassed a $2 billion valuation - about double the over $1 billion it was last valued at in August - as it prepares for an IPO as soon as this year.
That new valuation comes after Redis Labs announced Wednesday that it has closed a $110 million Series G round led by Tiger Global. The round also included participation from Softbank Vision Fund and TCV. Those three firms also acquired additional ownership in the form of a $200 million secondary transaction, where they bought shares of Redis Labs...
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Shots fired at 28-year-old man arrested near 606 Trail after being suspected...

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NASA extracts breathable oxygen from thin Martian air

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Alternate juror in Derek Chauvin trial relieved she wasn't on jury

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