In-memory database provider Redis Labs raises $44M
Redis Labs, a database company that specializes in in-memory databases, said today it has raised $44 million in a funding round led by Goldman Sachs. Redis Labs is like other typical open-source based database companies, where it offers the technology for free while charging for an enterprise tier. It’s a bet that while anyone can build something on the technology, the company will have… Read More Continue reading In-memory database provider Redis Labs raises $44M
When I first met Cloudera CEO Tom Reilly in 2015 at the Intel Capital Summit, we were about to go on stage for a fireside chat to discuss among other things Intel’s massive investment in his company.
Hordes of new enterprise-IT upstarts have popped up in Silicon Valley, with some drawing lofty valuations from investors. They’re driven by new, more-advanced technologies in areas such as databases, software development, networking and cloud computing. And many are taking aim at incumbents like Dell, EMC, Oracle and IBM. But will these new companies ever be as valuable as those big names? 
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