TileDB, Inc., a Cambridge, Mass.-based provider of a universal data engine that allows people to access, analyze, and share any complex data with any tool, secured $15M in Series A funding.
The round was led by Two Bear Capital, joined by Uncorrelated Ventures and all existing investors Nexus Venture Partners, Intel Capital, and Big Pi Ventures. In conjunction with the funding, Two Bear Capital Managing Partner Mike Goguen will join TileDB’s Board of Directors.
The company intends to use the funds to expand go-to-market and product development for its universal data engine.
Led by Dr. Stavros Papadopoulos, CEO and original creator, TileDB provides a database that focuses on universal storage and data management rather than the compute layer. Its universal data engine is a novel database that goes beyond tables to manage any complex data and beyond SQL to analyze the data with any tool, all serverless and at planet scale.
TileDB, Inc., was spun out of MIT and Intel Labs in May 2017.