About Tesora corp
Tesora corp is a company based in Cambridge (United States) founded in 2010 was acquired by Stratoscale in February 2017.. Tesora corp has raised $15.53 million across 4 funding rounds from investors including Red Hat, General Catalyst and Rho. The company has 28 employees as of December 31, 2022. Tesora corp operates in a competitive market with competitors including MongoDB, Couchbase, DataStax, Qubole and MariaDB, among others.
- Headquarter Cambridge, United States
- Employees 28 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Parelastic Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.53 M (USD)
in 4 rounds
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Latest Funding Round
$5.8 M (USD), Series B
Jun 25, 2015
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Investors
Red Hat
& 6 more
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Employee Count
28
as on Dec 31, 2022
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Acquired by
Stratoscale
(Feb 06, 2017)
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Funding Insights of Tesora corp
Tesora corp has successfully raised a total of $15.53M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $5.8 million completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $5.8M
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First Round
First Round
(26 Jul 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Series B - Tesora corp | Valuation | Red Hat , Rho Canada Partners | |
| Apr, 2013 | Amount | Series A - Tesora corp | Valuation |
investors |
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| Oct, 2012 | Amount | Seed - Tesora corp | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tesora corp
Tesora corp has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Red Hat, General Catalyst and Rho. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Rho is engaged in investing in innovative companies since 1981.
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Founded Year | Domain | Location | |
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Seed and early-stage investments in US tech sectors are made.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tesora corp
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tesora corp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tesora Corp Comparisons
Competitors of Tesora corp
Tesora corp operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MongoDB, Couchbase, DataStax, Qubole and MariaDB, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A cloud-based database-as-a-service platform is provided for application development.
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| domain | founded_year | HQ Location |
AI-powered database service is provided for enterprise data management.
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| domain | founded_year | HQ Location |
Cloud based database platform for enterprises
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| domain | founded_year | HQ Location |
Provider of cloud-based data lake platform
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| domain | founded_year | HQ Location |
Provider of dbaas platform for enterprises
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| domain | founded_year | HQ Location |
NewSQL-based database-as-a-service platform is offered for multi-cluster operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Tesora corp
When was Tesora corp founded?
Tesora corp was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Tesora corp located?
Tesora corp is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Tesora corp a funded company?
Tesora corp is a funded company, having raised a total of $15.53M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jul 26, 2011.
How many employees does Tesora corp have?
As of Dec 31, 2022, the latest employee count at Tesora corp is 28.
What does Tesora corp do?
Tesora Corp was founded in 2010 in Cambridge, United States, within the cloud computing sector. An open platform named Trove, integrated with OpenStack, is developed to extend services beyond compute and storage. Managed database options for MySQL, MongoDB, CouchDB, Redis, and additional databases are made available through self-service interfaces for administrators and users. Operations focus on enabling scalable database deployments in cloud environments.
Who are the top competitors of Tesora corp?
Who are Tesora corp's investors?
Tesora corp has 7 investors. Key investors include Red Hat, General Catalyst, Rho, PJC, and Vocal Remover.