Funding Led by WestBridge Capital, With Continued Support from Lightspeed Venture Partners and New Investments From B37 Ventures and Rocketship.vc
Tessell, the leading next-generation multi-cloud database-as-a-service (DBaaS) that enables enterprises and startups to accelerate database, data, and application modernization journeys at scale, today announced its $60 million Series B funding round, bringing total funding to $94 million. The round was led byย WestBridge Capital, with continued strong participation fromย Lightspeed Venture Partnersย and new investments fromย B37.vcย andย Rocketship.vc. This capital will accelerate Tessellโs go-to-market expansion and fuel research and development in AI-powered data management within the evolving enterprise data ecosystem.
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โEnterprises today struggle with siloed data and rigid database solutions that are incomplete, lacking performance, resilience, governance, and flexibility,โ said Bala Kuchibhotla, Co-Founder and CEO of Tessell. โAt Tessell, we are redefining cloud data management by creating a seamless, secure, high-performant AI-driven platform that supports both operational and analytical workloadsโpowering a true data ecosystem. This funding enables us to scale faster and continue pioneering the future of enterprise data management.โ
โWe could not be more excited to partner with Tessell to build the next generational data platform,โ said Sumir Chadha, Co-founder and Managing Partner at WestBridge Capital. โPrior 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.โ
Tessell was created to address a fundamental challenge: while cloud adoption has surged, managing enterprise databases in the cloud remains archaic and expensive. Tessellโs fully managed, multi-cloud database platform eliminates these pain points by offering:
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- Modern cloud DB platform for AI appsย with vector extensions to popular DB engines, and providing conversational query capabilities.
- High-performance, scalable cloud databaseย compatible with PostgreSQL and MySQL, powered by patented technology to eliminate provisioned IOPS
- A unified control planeย for seamless management of multiple cloud providers, database engines, and infrastructures
- Comprehensive data ecosystem, connecting mission-critical operational data with analytical/decision-making systems (data lakes, warehouses)
- Zero RPO/RTO high availability & disaster recoveryย services for uninterrupted operations
- Enterprise-grade security and complianceย with custom policies
- Lift & Shineย for your data estate to achieve significant TCO reduction
โTessell is solving one of the most pressing challenges today in enterprise cloud adoption: data fragmentation and inefficiency,โ said Rishit Desai, Partner at WestBridge Capital. โTheir platform brings unprecedented performance, flexibility, and automation to AI-powered database management, helping enterprises unlock the full potential of their data. Weโre thrilled to support their next phase of growth.โ
Tessell has already built an enterprise-grade cloud database service and data ecosystem with a consumer-grade interface. Now, it is advancing these solutions through AI and Conversational Data Management (CoDaM), allowing enterprises to manage and interact with their data through an intuitive, conversation-grade experience. 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.
โWe are just getting started,โ added Kuchibhotla. โThis funding marks a major milestone, but itโs only the beginning of our journey. The future of enterprise data management is being rewritten, and weโre 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, weโre making data more accessible, more powerful, and more intuitive than ever before. The opportunities ahead are limitless, and we canโt wait to continue pushing the boundaries of whatโs possible for our customers.โ
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