Sofia-based Tiger Technology raises €8.7 million to advance always-on hybrid cloud data infrastructure

Sofia-based Tiger Technology has secured €8.7 million in Series A funding to bolster its hybrid cloud data infrastructure solutions. This investment, led by TCEE Fund IV advised by 3TS Capital Partners, highlights growing market demand for seamless integration between on-premises systems and cloud environments, particularly for mission-critical operations. The funding will fuel global expansion and accelerate product development, positioning Tiger Technology to address the increasing complexity of enterprise data management.

Tiger Technology's platform specializes in managing unstructured data, a significant portion of which remains "dark" and unutilized within organizations. The company's flagship solution, Tiger Bridge, acts as a control layer over existing storage, ensuring continuous data access, protection, and activation across hybrid environments. This capability is crucial for enterprises that cannot tolerate downtime and are increasingly looking to leverage their data for AI initiatives without overhauling their current infrastructure.

The investment arrives as the global hybrid storage market is projected to reach $29.3 billion by 2030, driven by the proliferation of unstructured data and the growing adoption of AI. Tiger Technology's focus on mission-critical segments, where performance is paramount, addresses a key market gap. Their success with major clients, including significant improvements in data migration speeds and storage reduction, demonstrates the tangible value their technology brings to large-scale enterprises.