Fenwick represented Redis Labs—the company behind Redis, a popular open source database and the provider of Redis Enterprise—in raising a $100 million Series F financing at a company valuation of more than $1 billion. This investment was co-led by Bain Capital Ventures and TCV, with participation by the company’s existing investors Francisco Partners, Goldman Sachs Growth, Viola Ventures and Dell Technologies Capital. With this funding, Redis Labs has now raised over $246 million to-date.
More information can be obtained from Redis Labs’ announcement.
The Fenwick transaction team included corporate partner Einat Meisel and associate Patrick Grilli.