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Dropbox to Acquire AI Storage Startup Tigris Data for $350M

#dropbox#tigris data#acquisition#ai storage

Dropbox announced plans to acquire Tigris Data, an AI storage startup, for $350 million in what would be its largest acquisition to date. Tigris Data had raised approximately $31.9 million from investors including Spark and a16z.

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  1. Techmeme
    Dropbox plans to acquire AI storage startup Tigris Data for $350M, its largest acquisition to date; Tigris raised ~$31.9M from Spark, a16z, and others (Mary Ann Azevedo/Crunchbase News)

    Mary Ann Azevedo / Crunchbase News : Dropbox plans to acquire AI storage startup Tigris Data for $350M, its largest acquisition to date; Tigris raised ~$31.9M from Spark, a16z, and others — Dropbox announced Thursday plans to acquire Tigris Data for $350 million in a transaction the company told Crunchbase News would mark …

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