tech:

taffy

Redis Labs raises $44 million

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

Just in

Trump announces $20 billion foreign investment to build new U.S. data centers — CNBC

Emirati billionaire Hussain Sajwani, a Trump associate and founder...

Meta ending fact-checking program: Zuckerberg — The Hill

Social media giant Meta announced a series of changes...

How Elon Musk’s X became the global right’s supercharged front page — The Guardian

Every week, the platform seems to supercharge a news issue that comes to dominate conservative discourse – and often mainstream discourse, as well – with real political repercussions; writes J Oliver Conroy.

Court strikes down US net neutrality rules — BBC

A US court has rejected the Biden administration's bid to restore "net neutrality" rules, finding that the federal government does not have the authority to regulate internet providers like utilities; writes Natalie Sherman.