Latest round

Series E

Last raised

Apr 2017

Total raised

$157M

Investors

8

About Tegile

Tegile, Inc.Founded in 2010 and headquartered in Newark, US, Tegile, Inc. develops cutting-edge storage solutions for businesses. The company has not undergone major pivots in its business strategy and does not report any subsidiaries.00 mn.Tegile's core product, the Unified Intelligent Flash Storage, enhances performance and analytics for artificial intelligence (AI) workloads. This platform optimizes structured data handling through the IntelliFlash™ architecture, featuring low-latency NVMe performance, deduplication, compression, and automated tiering.Tegile generates revenue through direct sales and partnerships, focusing on businesses that require advanced AI and high-performance computing (HPC) storage solutions. The transactions typically involve long-term contracts for the Unified Intelligent Flash Storage and associated services, such as ongoing support and software analytics. The company plans to develop and launch upcoming products aimed at improving AI data handling efficiencies. In addition, Tegile is targeting expansions into European and Asian markets by the end of 2018. The acquisition by Western Digital Corporation, expected to close in early September 2017, will also play a significant role in Tegile's growth trajectory.

Who invested in Tegile

8 investors across 6 rounds

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Funding rounds

  1. Series E

    Apr 11, 2017

    Amount

    $33M

    Investors

    Locked

  2. Series D

    Mar 30, 2016

    Amount

    $24M

    Investors

    Locked

  3. Series D

    Apr 28, 2015

    Amount

    $55M

    Investors

    Locked

  4. Series C

    Jul 27, 2013

    Amount

    $32M

    Investors

    Locked

  5. Series B

    Apr 17, 2012

    Amount

    $10M

    Investors

    Locked

  6. Series A

    Jun 22, 2010

    Amount

    $2.5M

    Investors

    Locked

Questions about Tegile

Who invested in Tegile?

Tegile has 8 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Tegile raised?

Tegile has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Tegile last raise money?

Tegile's most recent round on record is a Series E, in Apr 2017.

What does Tegile do?

Tegile is a hardware company.

Where is Tegile headquartered?

Tegile is headquartered in Newark, US.

Which VCs invest in companies like Tegile?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Tegile's stage. Their profiles are linked below.

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