Datavail, a Broomfield, Colorado-based provider of remote database administration (DBA) services, has raised $4.25m in its third financing.
Backers include new investor Meritage Funds, and existing investors Boulder Ventures and Montis Capital.
The company intends to use the proceeds from the investment to expand operations in the northeast region to service New York, New Jersey and Philadelphia markets and hire new employees to support this geographic growth. Datavail also plans to increase its marketing initiatives, internal infrastructure projects, and research & development efforts.
Founded in 2007 and led by Mark Perlstein, President & CEO, Datavail provides remote database administration (DBA) services in North America, offering database design and architecture, administration and 24×7 support. The company specializes in Oracle, Oracle E-Business Suite, Microsoft SQL Server and MySQL, and provides flexible onsite/offsite, onshore/offshore service delivery options.
Datavail is based in and supports enterprise clients located worldwide. For more information, visit www.datavail.com.
In July 2012, the company acquired Seattle-based Blue Gecko.