
Tessell
Providing great performance at a low cost.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
* | $60.0m | Series B | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Tessell provides a Database-as-a-Service (DBaaS) platform designed to modernize and optimize enterprise databases with a focus on cost efficiency and enhanced security. Serving a diverse range of clients including top financial institutions, transportation management firms, and EV automakers, Tessell operates in the cloud computing and data management market. The business model revolves around offering subscription-based DBaaS solutions that ensure high availability, disaster recovery, and seamless database migrations. Tessell generates revenue through its subscription plans, which include features like automated patching, lifecycle management, and enterprise-grade business continuity. The platform also supports the development of large language model (LLM) applications with minimal infrastructure overhead.
Keywords: DBaaS, cloud computing, data security, database migration, enterprise solutions, cost efficiency, high availability, disaster recovery, automated patching, LLM applications.