Tessell, a startup focused on developing multi-cloud database-as-a-service (DBaaS), recently secured $60 million in Series B funding, led by WestBridge Capital. This funding will be used to expand market reach and launch an AI-powered conversational database management service.
As data becomes increasingly critical across all industries, many businesses face challenges in efficiently managing and storing it. Traditional database solutions often lack flexibility, while many existing managed database services are expensive, especially for businesses with high-performance needs.
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Tessell aims to solve this problem. Leveraging its founders' years of core database expertise, its platform provides more efficient database management services, challenging existing relational database services in the market, including Amazon's RDS. Tessell's CEO and co-founder, Bala Kuchibhotla, says, "Tessell is a mosaic of enterprise data."
Kuchibhotla, after over a decade at Oracle and four years at Nutanix, recognized the challenges businesses face with existing database management services, leading him to reimagine operational data management. Tessell claims its platform offers ten times the performance of existing database management services and saves 64% to 73% in total cost of ownership over three years. This is attributed to its NVMe infrastructure, providing high input/output operations per second (IOPS) and low latency while ensuring predictable pricing. Tessell also ensures zero downtime during migrations, keeping databases operational even if one cloud service fails.
Tessell is compatible with the four major cloud service providers: AWS, Google Cloud, Microsoft Azure, and Oracle Cloud. It also supports major database engines such as MySQL, Oracle, Microsoft SQL Server, PostgreSQL, and MongoDB. Kuchibhotla adds, "If you're an AI application, you can quickly create or destroy databases on Tessell's infrastructure as needed."
Tessell's Series B funding round also attracted participation from investors including B37Ventures and Rocketship.vc, along with support from existing investor Lightspeed Venture Partners. The funding will help Tessell develop its AI-driven conversational technology, further simplifying data management.
The San Ramon, California-based startup also has an office in India and currently employs approximately 143 people. It boasts 40 clients, two-thirds of whom are based in India, including Moody’s, Aditya Birla Capital, Tata Capital, Jubilant Ingrevia, and Forbes.
Looking ahead, Tessell plans to expand into Europe and the Asia-Pacific region, strengthen its marketing efforts in the US and India, and increase investment in research and development to improve service quality. Tessell also intends to expand its analytical services, helping businesses aggregate data from platforms like Snowflake, Google BigQuery, or Microsoft Fabric for analysis.
Key Highlights:
🔹 Tessell secured $60 million in funding and plans to launch an AI-powered conversational database management service.
🔹 The new platform offers high performance and cost-effectiveness, supporting multiple cloud services and database engines.
🔹 The company plans to expand into Europe and Asia-Pacific, enhancing its marketing and R&D investment.
