Tessell Raises $60M to Revolutionize Data Management with AI-Powered Multi-Cloud Database Solution

Tessell raised $60M to enhance its AI-powered multi-cloud database service, offering 10x performance and cost savings.
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Tessell Raises $60M to Revolutionize Data Management with AI-Powered Multi-Cloud Database Solution
In a strategic move to address the growing need for efficient and cost-effective data management solutions, Tessell, a promising startup, has raised $60 million in a Series B funding round. The round was led by WestBridge Capital and includes other investors like B37 Ventures, Rocketship.vc, and existing backer Lightspeed Venture Partners. The funding will help Tessell expand its market presence and advance its AI-driven, multi-cloud database management service. Image Credits:Getty Images Solving the Pain Points of Legacy Data Solutions For many companies, managing large volumes of data efficiently across multiple cloud providers remains a challenge. Traditional database systems are often inflexible and expensive, making them less suitable for modern enterprises needing scalable, high-performance solutions. This is where Tessell comes in, offering a platform designed to address these issues head-on. Tessell provides a multi-cloud database-as-a-service that can operate across all major clo…