Venture Capital
Redis Labs made headlines last year when it controversially changed licensing on its previously free-to-use add-on modules to the Common Clause, requiring service providers to pay for them. Today the Mountain View, California-based startup announced it has raised $60 million in series E funding. The round was led by Francisco Partners, with participation from existing investors Goldman Sachs, Bain Capital Ventures, Viola Ventures, and Dell Technologies Capital. It follows a $44 million series D round in August 2017 and brings the company’s total capital raised to $146 million.

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