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Dropbox to acquire Tigris Data for AI storage

PUBLIC · DBXNov 05, 2026

Acquiring Company

Dropbox

Acquired Company

Tigris Data

San FranciscoSunnyvaleSoftwareinformation technology & servicesInformation TechnologySoftwareArtificial IntelligenceMachine LearningData Centerinformation technology & services

Description

Dropbox, Inc. announced plans to acquire Tigris Data Inc., a globally distributed object storage platform built for AI workloads. The acquisition is meant to accelerate Dropbox's expansion into AI infrastructure for companies and developers. Dropbox also unveiled DBX Agent Cloud, a storage and data infrastructure offering that begins with object storage. The announcement is part of a broader evolution of its core product with AI-powered capabilities.

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Company Information

Company

Dropbox

Location

San Francisco, California, United States

About

Dropbox is the one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working.

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Frequently asked

Who acquired Tigris Data?

Tigris Data was acquired by Dropbox, based in San Francisco. The deal was reported on November 5, 2026. Dropbox is the one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is publicly traded (DBX) and operates in Software.

When did Dropbox acquire Tigris Data?

Dropbox's acquisition of Tigris Data was reported on November 5, 2026. Dropbox, Inc. announced plans to acquire Tigris Data Inc., a globally distributed object storage platform built for AI workloads. The acquisition is meant to accelerate Dropbox's expansion into AI infrastructure for companies and developers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tigris Data do?

Tigris Data is a company that specializes in AI-optimized cloud storage solutions. Their platform aims to enhance data storage efficiency and performance using artificial intelligence technology. It is privately held, operating in Information Technology, and is based in Sunnyvale.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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