Some of the new funding will go toward expanding the AI capabilities of the startup’s database-as-a-service platform.
Multi-cloud database-as-a-service provider Tessett has raised $60 million in a Series B funding round the startup will use to accelerate its go-to-market expansion and boost its research and development in AI-powered data management.
The latest funding round, which brings Tesset’s total financing to $94 million, was led by WestBridge Capital with continued participation from LightSpeed Venture Partners and new investments from B37 Ventures and Rocketship.vc.
“Tessell is solving one of the most pressing challenges today in enterprise cloud adoption: data fragmentation and inefficiency,” said Rishit Desai, a partner at WestBridge Capital, in a statement. “Their platform brings unprecedented performance, flexibility, and automation to AI-powered database management, helping enterprises unlock the full potential of their data. We’re thrilled to support their next phase of growth.”
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Tessell, founded in 2021 and headquartered in San Francisco, has developed a multi-cloud DBaaS platform that provides a suite of database services, including data protection, security and compliance, and simplified management, that surround six other commercial database engines (Microsoft SQL Server, Milvus, MongoDB, MySQL, Oracle Database and PostgreSQL).
Tessell positions its platform as a unified control plane and database co-pilot that makes it easier to set up, manage, secure and scale multiple relational cloud databases.
“Enterprises today struggle with siloed data and rigid database solutions that are incomplete, lacking performance, resilience, governance, and flexibility,” said Bala Kuchibhotla (pictured), Tessell co-founder and CEO, in a statement.
“At Tessell, we are redefining cloud data management by creating a seamless, secure, high-performant AI-driven platform that supports both operational and analytical workloads—powering a true data ecosystem. This funding enables us to scale faster and continue pioneering the future of enterprise data management.”
With the growing surge of artificial intelligence application development, Tessell also touts its offering as a modern cloud database platform for AI applications with extensions to multiple relational database engines. Recent development efforts have focused on AI and conversational data management technology – the latter providing conversational data management and query capabilities.
“This funding will accelerate the development of AI-driven capabilities that make data management more accessible, intelligent, and interactive, empowering businesses to seamlessly harness the full potential of their data through natural, AI-powered interactions,” the company said in a statement.
“We are just getting started,” CEO Kuchibhotla said. “This funding marks a major milestone, but it’s only the beginning of our journey. The future of enterprise data management is being rewritten, and we’re excited to be a part of that driving force. We will make it conversational, affordable and prescriptive, defying CAP theorem for enterprise data management. With AI at the core of our platform, we’re making data more accessible, more powerful, and more intuitive than ever before.”
