TigerGraph, a Redwood City, CA-based provider of a graph analytics platform, raised $105m in Series C funding.
The round, which brought total funding raised to over $170m, was led by Tiger Global.
The company intends to use the funds for product innovation and development, including TigerGraph Cloud on Google Cloud Platform (available March 2021), plus further multi-region support on AWS and Azure, expanding its global reach with local support in Asia and Australia/New Zealand, and scale up with additional hiring in the Americas, EMEA, and APAC.
Led by Dr. Yu Xu, founder and CEO, TigerGraph is a platform for advanced analytics and machine learning on connected data. Based on a distributed native graph database, the company’s technology supports advanced analytics and machine learning applications such as fraud detection, anti-money laundering (AML), entity resolution, customer 360, recommendations, knowledge graph, cybersecurity, supply chain, IoT, and network analysis.