Datical Raises $10M in Series C Funding

daticalDatical, an Austin, Texas–based provider of database release automation solutions, raised $10m in Series C funding.

The round, which brought total funding to $27 to date, was led by new investor River Cities Capital Funds, with participation from existing investors S3 Ventures and Mercury Fund. In conjunction with the funding, Adam Midkiff, vice president at River Cities, joined Datical’s board of directors.

The company plans to use the funds to sustain growth by expanding its research and development, customer success capabilities, and sales and marketing functions.

Led by Derek Hutson, CEO, Datical provides businesses with a platform to shorten the time it takes to bring applications to market by delivering database release automation capabilities to get the most out of Agile, Cloud, DevOps and Continuous Delivery investments while eliminating the security vulnerabilities, errors, data loss and downtime associated with current database deployment methods.

The company’s customer base include enterprises such as MedImpact, Freddie Mac, Anthem, Colonial Life and Zions Bancorporation, among others.

FinSMEs

28/02/2019

 

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