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Dropbox agrees to buy Tigris Data for $350m to expand its AI infrastructure

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Dropbox has agreed to buy Tigris Data, a cloud storage company founded by former Uber engineers, for $350 million. The deal is expected to close in the fourth quarter of 2026 and supports DBX Agent Cloud, a storage platform for businesses and developers building AI models and agents. Dropbox told TechCrunch it has no plans to reduce headcount as part of the acquisition.

Why it matters

Businesses and developers can buy DBX Agent Cloud’s object storage on its own, and use it with existing tools built for Amazon S3.

When
5 Nov 2026
ID
WTA-N-2026-0738
Who
Dropbox, Tigris Data

Summary written with AI by wheresthe.ai, from TechCrunch and the reporting credited above. Checked against the source on 5 Nov 2026.

Source copy: saved on 5 Nov 2026 to check this story and not republished, because the text belongs to its publisher. Also held by the Internet Archive.

Cite this story

WTA-N-2026-0738: “Dropbox agrees to buy Tigris Data for $350m to expand its AI infrastructure.” wheresthe.ai, 5 Nov 2026. https://wheresthe.ai/d/us-dropbox-agrees-to-buy-tigris-data-for-350m-to-expand-its-2026-11/ (source: TechCrunch).

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