Tessell, a next-generation multi-cloud database-as-a-service (DBaaS) that enables enterprises and startups to accelerate database, data, and application modernization journeys at scale, announced a $60 million Series B funding round, bringing total funding to $94 million. The funding round was led by WestBridge Capital, with continued strong participation from Lightspeed Venture Partners and new investments from B37.vc and Rocketship.vc.
This funding will advance Tessell’s go-to-market expansion and fuel research and development in AI-based data management within the evolving enterprise data ecosystem.
Tessell was created to address a major challenge: Even though cloud adoption has surged, managing enterprise databases in the cloud remains expensive. Tessell’s multi-cloud database platform eliminates these pain points with:
1.) Modern cloud DB platform for AI apps with vector extensions to popular DB engines, and providing conversational query capabilities.
2.) Scalable cloud database compatible with PostgreSQL and MySQL, powered by patented technology to eliminate provisioned IOPS
3.) A unified control plane for seamless management of multiple cloud providers, database engines, and infrastructures
4.) Comprehensive data ecosystem and connecting operational data with analytical/decision-making systems (data lakes, warehouses)
5.) Zero RPO/RTO high availability & disaster recovery services for uninterrupted operations
Tessell has already created an enterprise-grade cloud database service and data ecosystem with a consumer-grade interface. And now, it is advancing these solutions through AI and Conversational Data Management (CoDaM), enabling enterprises to manage and interact with their data through an intuitive, conversation-grade experience. Plus, this funding will advance 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.
KEY QUOTES:
“Enterprises today struggle with siloed data and rigid database solutions that are incomplete, lacking performance, resilience, governance, and flexibility. 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.”
“We are just getting started. 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. The opportunities ahead are limitless, and we can’t wait to continue pushing the boundaries of what’s possible for our customers.”
– Bala Kuchibhotla, Co-Founder and CEO of Tessell
“We could not be more excited to partner with Tessell to build the next generational data platform. Prior to Tessell, few companies could challenge incumbents in database management despite their inefficiencies. Now, enterprises are shifting to Tessell for a high-performing and cost-effective solution, spending less time managing their databases and creating more business value.”
– Sumir Chadha, Co-founder and Managing Partner at WestBridge Capital
“Tessell is solving one of the most pressing challenges today in enterprise cloud adoption: data fragmentation and inefficiency. 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.”
– Rishit Desai, Partner at WestBridge Capital
