Tech Company Financing Transactions
Tessell Funding Round
Westbridge Capital, B37 Ventures and Lightspeed Venture Partners participated in a $60 million Series B capital raise for Tessell. The round was announced on 4/10/2025.
Transaction Overview
Company Name
Announced On
4/10/2025
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the capital to accelerate its go-to-market expansion and research and development in AI-powered data management within the evolving enterprise data ecosystem.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
2603 Camino Ramon 200
San Ramon, CA 94583
USA
San Ramon, CA 94583
USA
Phone
Website
Email Address
Overview
Tessell is on a mission to be the go-to DBaaS platform for startups and established enterprises by bringing together the benefits of cloud elasticity, utility economics, and enterprise-level governance and security. With its high-performance, durable data infrastructure, and cross-region replication capabilities, Tessell is perfect for hosting critical databases. The platform's intuitive and streamlined approach to deploying cloud databases eliminates the need for manual and repetitive data management tasks, freeing up developers and data engineers to concentrate on creating great products, satisfying customers, and driving business success.
Management Team
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We do our best to document tech company VC transactions. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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