Datacoral, a San Francisco, CA-based provider of a data infrastructure service for data-driven companies, raised $10M in Series A financing.
The round was led by Madrona Venture Group with participation from Social Capital.
The company intends to use the funds to accelerate product development and invest in sales and marketing.
Led by founder and CEO Raghu Murthy, Datacoral provides a secure data infrastructure as a service platform that enables data scientists and business operators to generate insights. The company partners with major cloud providers and offers a secure data infrastructure service completely within the customer’s cloud account to reduce security and compliance risks. Initial customers include Greenhouse, Front, Ezetap, Swing Education, mPharma, and Fin among others.