Tessell raises $60M in Series B funding to fuel AI-driven cloud data management

Tessell, a company focused on revolutionizing enterprise data management, has announced a $60 million Series B funding round led by WestBridge Capital, with participation from Lightspeed Venture Partners, B37 Ventures, and Rocketship.vc. Just six quarters into their market journey, Tessell has partnered with over 40 major enterprises to manage mission-critical workloads, motivated by the potential of cloud technology, which saw only 6% of global IT spend adoption as of 2021. Tessell aims to transform data management by making it conversational, affordable, and prescriptive, addressing unique enterprise needs such as security and compliance. The company is leveraging AI technologies to further accelerate their mission, with investor confidence reflected in their continued financial backing. Tessell's platform is praised for balancing performance, flexibility, and simplicity, positioning it as a leader in developing intelligent, multi-cloud data infrastructure amidst the challenges of data fragmentation and inefficiency.