Report
Dropbox plans to acquire AI storage startup Tigris Data for $350 million
The proposed deal would underpin DBX Agent Cloud, Dropbox's new infrastructure offering.
TLDR
At $350 million, the planned Tigris Data purchase would be Dropbox's largest acquisition to date. The deal would underpin DBX Agent Cloud, its new infrastructure offering, while Dropbox adds agentic AI features to its core product. Tigris has raised about $31.9 million from investors including Spark and a16z.
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