Tessell Locks In $60 Million Series B

<p align&equals;"left"><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; <u>Tessell<&sol;u>&comma; a multi-cloud database-as-a-service &lpar;DBaaS&rpar; that enables enterprises and startups to accelerate database&comma; data&comma; and application modernization journeys at scale&comma; has locked in a &dollar;60 million Series B funding round&comma; bringing total funding to &dollar;94 million&period; The round was led by <strong>WestBridge Capital<&sol;strong>&comma; with continued strong participation from <strong>Lightspeed Venture Partners<&sol;strong> and new investments from <strong>B37&period;vc <&sol;strong>and <strong>Rocketship&period;vc<&sol;strong>&period;<&sol;p>&NewLine;<p align&equals;"left">This new capital will accelerate Tessell’s go-to-market expansion and fuel research and development in AI-powered data management within the evolving enterprise data ecosystem&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Enterprises today struggle with siloed data and rigid database solutions that are incomplete&comma; lacking performance&comma; resilience&comma; governance&comma; and flexibility&comma;” said Bala Kuchibhotla&comma; Co-Founder and CEO of Tessell&period; &OpenCurlyDoubleQuote;At Tessell&comma; we are redefining cloud data management by creating a seamless&comma; secure&comma; high-performant AI-driven platform that supports both operational and analytical workloads—powering a true data ecosystem&period; This funding enables us to scale faster and continue pioneering the future of enterprise data management&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We could not be more excited to partner with Tessell to build the next generational data platform&comma;” said Sumir Chadha&comma; Co-founder and Managing Partner at WestBridge Capital&period; &OpenCurlyDoubleQuote;Prior to Tessell&comma; few companies could challenge incumbents in database management despite their inefficiencies&period; Now&comma; enterprises are shifting to Tessell for a high-performing and cost-effective solution&comma; spending less time managing their databases and creating more business value&period;”<&sol;p>&NewLine;<p>Tessell was created to address a fundamental challenge&colon; while cloud adoption has surged&comma; managing enterprise databases in the cloud remains archaic and expensive&period; Tessell’s fully managed&comma; multi-cloud database platform eliminates these pain points by offering&colon;<&sol;p>&NewLine;<ul >&NewLine;<li><strong>Modern cloud DB platform for AI apps<&sol;strong> with vector extensions to popular DB engines&comma; and providing conversational query capabilities&period;<&sol;li>&NewLine;<li><strong>High-performance&comma; scalable cloud database<&sol;strong> compatible with PostgreSQL and MySQL&comma; powered by patented technology to eliminate provisioned IOPS<&sol;li>&NewLine;<li><strong>A unified control plane<&sol;strong> for seamless management of multiple cloud providers&comma; database engines&comma; and infrastructures<&sol;li>&NewLine;<li><strong>Comprehensive data ecosystem<&sol;strong>&comma; connecting mission-critical operational data with analytical&sol;decision-making systems &lpar;data lakes&comma; warehouses&rpar;<&sol;li>&NewLine;<li><strong>Zero RPO&sol;RTO high availability &amp&semi; disaster recovery<&sol;strong> services for uninterrupted operations<&sol;li>&NewLine;<li><strong>Enterprise-grade security and compliance<&sol;strong> with custom policies<&sol;li>&NewLine;<li><strong>Lift &amp&semi; Shine<&sol;strong> for your data estate to achieve significant TCO reduction<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&OpenCurlyDoubleQuote;Tessell is solving one of the most pressing challenges today in enterprise cloud adoption&colon; data fragmentation and inefficiency&comma;” said Rishit Desai&comma; Partner at WestBridge Capital&period; &OpenCurlyDoubleQuote;Their platform brings unprecedented performance&comma; flexibility&comma; and automation to AI-powered database management&comma; helping enterprises unlock the full potential of their data&period; We’re thrilled to support their next phase of growth&period;”<&sol;p>&NewLine;<p>Tessell has already built an enterprise-grade cloud database service and data ecosystem with a consumer-grade interface&period; Now&comma; it is advancing these solutions through AI and Conversational Data Management &lpar;CoDaM&rpar;&comma; allowing enterprises to manage and interact with their data through an intuitive&comma; conversation-grade experience&period; This funding will accelerate the development of AI-driven capabilities that make data management more accessible&comma; intelligent&comma; and interactive&comma; empowering businesses to seamlessly harness the full potential of their data through natural&comma; AI-powered interactions&period;<&sol;p>&NewLine;