About Tesora corp
Tesora corp is a Technology company based in Cambridge (United States) founded in 2010, and was acquired by Stratoscale in February 2017. Cloud database as a service for OpenStack is provided. 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. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, PaaS, Data PaaS and DBaaS. Its legal entity is PARELASTIC CORPORATION. Its competitors include MongoDB, Couchbase and DataStax; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Cambridge, United States
- Employees 28
- Stage Acquired
- SectorsTechnology
- Website tesora.com
- Social LinkedIn X Facebook
- Acquired by Stratoscale (Feb 2017)
- Legal Name Parelastic Corporation
- Total Equity Funding$15.53M (USD)
in 4 rounds
- Latest Funding Round$5.8M (USD), Series B
Jun 2015
- InvestorsRed Hat
& 6 more
- Employee Count28
- Acquired byStratoscale
(Feb 2017)
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 $15.53M
- Total Rounds 4
- Last Round Series B — $5.8M
- First Round $2M
(Jul 2011)
- Investors Count 6
All 4 funding rounds of Tesora corp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $5.8M | Series B | – | Red Hat, Rho Canada Partners | |
| Apr 2013 | $6.73M | Series A | – | – | |
| Oct 2012 | $1M | Seed | – | – | |
| Jul 2011 | $2M | Seed | – | Common Angels, LaunchCapital | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Rho is engaged in investing in innovative companies since 1981. | 1981 | rhocanada.com | New York, United States | |
Seed and early-stage investments in US tech sectors are made. | pjc.vc | Boston, United States | ||
An online service for removing vocals from music tracks is provided. | 2014 | commonangels.com | ||
VC firm investing in seed & early stage companies in the US | launchcapital.com | New Haven, United States | ||
OpenStack distribution and Kubernetes cluster management are facilitated across clouds. | 1993 | redhat.com | Raleigh, United States | |
Offers a multi-cloud hybrid platform for businesses. | 2013 | stratoscale.com | Sunnyvale, United States |
Investor details for Tesora corp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Tesora corp
1 people are tracked at Tesora corp (1 in leadership); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Ariel Maislos | CEO/Founder | Leadership |
Complete people profiles for Tesora corp
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Timeline of Tesora corp
4 dated milestones of Tesora corp across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Tesora corp is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series B, of $5.8M.
- Exit Acquired by Stratoscale.
Competitors of Tesora corp
Tesora corp has 3 listed competitors in our database, 3 of them funded. They include MongoDB, Couchbase and DataStax.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mongodb.com | 2007 | New York, United States | $311.32M | 5,037 | A cloud-based database-as-a-service platform is provided for application development. | |
| couchbase.com | 2009 | Mountain View, United States | $251M | 166 | AI-powered database service is provided for enterprise data management. | |
| datastax.com | 2010 | Santa Clara, United States | $305M | 422 | Cloud based database platform for enterprises |
Detailed competitors of Tesora corp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in PaaS & SaaS Platforms
3 companies that operate in the same segment as Tesora corp (PaaS & SaaS Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | 205 |
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Frequently Asked Questions about Tesora corp
Tesora corp was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Tesora corp is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
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 $2M, raised on Jul 2011.
Tesora corp has 28 employees.
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.
Tesora corp has 7 investors. Key investors include Red Hat, General Catalyst, Rho, PJC, and Vocal Remover.
Tesora corp operates through Parelastic Corporation.
Yes. Tesora corp was acquired by Stratoscale in February 2017.