Tech Company Financing Transactions
Tessera Labs Funding Round
On 5/6/2026, Tessera Labs raised $60 million in financing from Andreessen Horowitz, Foundation Capital and Myriad Venture Partners.
Transaction Overview
Company Name
Announced On
5/6/2026
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Andreessen Horowitz (Lead Investor) (Seema Amble)
Proceeds Purpose
The company intends to use the funds to accelerate platform development, scale go-to-market operations, and expand its team of AI researchers and domain experts.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
2345 N First St
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Undisclosed
Website
Email Address
Overview
Tessera redefines how enterprises modernize their most critical systems. The multi-agent AI platform delivers governed execution across ERP, CRM, HCM, and finance landscapes, reducing timelines from years to weeks and costs by more than half. Built on deep expertise across SAP, Salesforce, Workday, and other systems of record, Tessera combines the reliability of an integrator with the speed of an AI innovator.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kabir Nagrecha
Chief Operating Officer
Ming Chang
Chief Technical Officer
Anirudh Sriram
Vice President
Umar Rafi
VP - Product Management
Ramesh Sunder
VP - Sales
Prakash Gupta
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Where The Data Comes From
We report on tech company VC transactions. All VC database entries reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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