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Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure

Source: techcrunch November 5, 2026 · 07:19
Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure
Photo by Google DeepMind · Pexels
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The deal is expected to support the development of DBX Agent Cloud, a new storage platform aimed at developers building AI models and agents.
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TechCrunch is an American global online newspaper focusing on topics regarding high-tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021.

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