Tile Db announced it raised $32.8 Million in an initial filing from an offering of $38.8 Million

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TileDB, Inc. was spun out of MIT and Intel Labs in May 2017 as a database built on an open array engine to structure complex data for optimized cloud compute and analytics. The company's flagship product, TileDB Cloud, streamlines data management and provides extreme performance at any degree of dimensionality, and at any scale. TileDB also develops a wide range of open-source tools for interoperability across the data science and scientific computing ecosystems. TileDB is backed by Two Bear Capital, Nexus Venture Partners, Uncorrelated Ventures, Intel Capital and Big Pi. Start for free by signing up at cloud.tiledb.com.