Eric Webster

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Dropbox buys Tigris Data to sell storage for AI

Public face of the Tigris deal and DBX Agent Cloud

Dropbox signed a definitive agreement on November 3, 2026 to buy Tigris Data for about $350 million in cash. The company announced the deal two days later alongside DBX Agent Cloud, a service that will sell object storage directly to businesses and developers building AI applications.

Updated 4 hours ago

Notable Quotes

"Tigris brings a working commercial product, an experienced team, developer relationships and early customer traction."

from Dropbox buys Tigris Data to sell storage for AI · Updated 4 hours ago

"AI applications are creating and working with growing volumes of content, from images and video to training datasets and model artifacts. As models and compute providers change, that content needs a consistent home."

from Dropbox buys Tigris Data to sell storage for AI · Updated 4 hours ago