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Redis Labs raises $44 million

By TechTaffy Desk

In-memory database platform company Redis Labs has raised $44 million in Series D funding. The investment was led by Goldman Sachs, with existing investors Bain Capital Ventures and Carmel Ventures also participating, along with Dell Technologies Capital.

Redis Labs has 70,000 registered accounts and over 7,400 enterprise customers globally, according to a statement it released on the funding. The company has raised $86 million to date.

[Image courtesy: Redis Labs]

Updated: Aug 13, 2023

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