Tiger Global led a $110m funding round in Redis Labs, a private computer software company based in Mountain View, California, with participation from SoftBank Vision Fund 2 and TCV. "Companies are increasingly looking for ways to leverage the efficiency and flexibility of the cloud to drive their business forward and Redis Labs is the best partner for them in this journey. Redis Labs has developed a real-time data platform to solve for low-latency requirements of business-critical applications and the go-to-market strategy to succeed alongside the cloud hyperscalers," John Curtius, Tiger Global Management Partner.