AI/MLCXOsNews

TigerGraph Secures $105 Million In Series C Funding

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TigerGraph has raised $105 million in Series C funding, the largest funding round to date within the graph database and analytics market.

The round was led by Tiger Global and brings TigerGraph’s total funding raised to over $170 million. TigerGraph already has a presence in China and is opening offices in Singapore and in Indonesia.

The company will use the funding for product innovation and development to better support its customers, including TigerGraph Cloud on Google Cloud Platform (available March 2021), plus further multi-region support on AWS and Azure.

TigerGraph is also expanding its global reach with local support in Asia and Australia/New Zealand.

Meanwhile, the company will scale up with additional hiring in the Americas, EMEA, and APAC to meet increased product demand.

“TigerGraph’s initiatives in Asia will be led by Joseph (Joe) Lee, an enterprise software sales and business veteran, as Vice President, Asia Pacific and Japan. We are expanding at the speed of business and are actively hiring for key positions in Asia,” said Todd Blaschka, COO, TigerGraph.