Tiger Technology, a global provider of hybrid cloud data management solutions based in Alpharetta, Ga., is seeking to secure a $10 million Series A funding round to capitalize on its current momentum and further accelerate growth. The company has demonstrated impressive performance metrics, including a 65% year-over-year revenue increase and a remarkable 300% rise in its pipeline. Tiger Technology is particularly focused on addressing the escalating costs of data storage in data-intensive industries such as healthcare and security, where both efficiency and cost-effectiveness are of paramount importance.
Hybrid Cloud Solutions: Addressing Modern Data Storage Challenges
Tiger Technology’s hybrid cloud approach is a vital solution for industries grappling with the increasing complexities and costs of managing extensive on-premises and cloud storage systems. The company’s services provide significant cost-efficiency, quick access to data, and resilience during cloud system transitions, making it an effective option for clients. As companies navigate the challenges of these large-scale data solutions, Tiger Technology’s offerings stand out. Forecasts predict that the hybrid cloud market is expected to reach $137 billion by 2025. Already, Tiger Technology has helped clients in mission-critical industries reduce data storage costs by as much as 90%, while simultaneously enhancing compliance and retention capabilities. These significant savings and efficiency enhancements underscore the company’s value proposition and its potential to revolutionize data storage solutions across various sectors.
The anticipated Series A funding will play a crucial role in driving Tiger Technology’s expansion efforts on a global scale while also supporting continued research and development initiatives. The company’s cutting-edge technology facilitates seamless replication or extension of local storage to the cloud without incurring downtime or necessitating costly infrastructure changes, which is a compelling advantage for data-intensive industries. By leveraging this advanced technology, Tiger Technology ensures that its clients can achieve and maintain high levels of data accessibility and resilience, factors that are increasingly critical in today’s fast-paced, data-driven environment.
Advanced Technology and Market Expansion
Part of Tiger Technology’s appeal lies in its ability to provide intelligent tiering and replication for data resilience and protection, which are critical factors in minimizing downtime in regulated, high-risk industries such as transportation, healthcare, and surveillance. This capability is especially valuable for clients like international airports that rely on Tiger Technology’s solutions to ensure system accessibility and to safeguard against hardware failures. As these industries increasingly depend on reliable data management solutions, Tiger Technology’s hybrid cloud approach offers a vital lifeline. The company’s advanced technology and robust solutions set them apart in a market that is seeing growing demand for dependable and cost-effective data management services.
Experienced Leadership Team Driving Innovation
The strength of Tiger Technology’s management team also plays a significant role in the company’s success and strategic direction. Composed of industry veterans with profound enterprise backgrounds, the leadership team is well-equipped to drive the company’s hybrid cloud transformation efforts. CEO Iraván Hira brings extensive experience from his roles at Hewlett Packard Enterprise and the Financial Times, while CTO and Co-founder Alexander Lefterov has a proven track record through multiple successful startups. Additionally, COO Mila Petrova’s expertise in strategy and consultancy, gained from her tenure as CEE Operations Manager at Shell, further solidifies the leadership team’s capability. Key board members like Krassimir Piperkov, Momchil Vassilev, and Lubo Minchev contribute to the company’s strategic vision and growth potential, ensuring that Tiger Technology remains at the forefront of innovation in hybrid cloud solutions.
Global Market Presence and Investor Confidence
Tiger Technology, a global leader in hybrid cloud data management solutions headquartered in Alpharetta, Georgia, is looking to secure a $10 million Series A funding round. This funding is intended to build on the company’s current success and drive further growth. Over the past year, Tiger Technology has shown noteworthy performance, with a 65% increase in revenue and a staggering 300% growth in its pipeline. The company aims to address the rising costs of data storage, particularly in data-heavy sectors like healthcare and security. Both of these industries demand high efficiency and cost-effectiveness in handling vast amounts of data. The funding will enable Tiger Technology to enhance its product offerings, making data management more streamlined and cost-effective for its clients. By doing so, the company hopes to continue its upward trajectory and solidify its position as a pivotal player in data management solutions across various high-demand sectors.
