Data Dynamics, Inc., a Teaneck, N.J.- and Houston, TX-based unstructured data management company, closed on a $9m financing round.
DH Capital, LLC, an investment banking firm serving companies in the internet infrastructure, communications, and software sectors, organized this round of investment in Data Dynamics.
The company intends to use the funds to scale its sales and marketing teams, and expand its product portfolio.
Led by Piyush Mehta, CEO, Data Dynamics provides a Unified Unstructured Data Management Platform, comprised of the StorageX and the new Insight AnalytiX product offerings, which provides customers with a comprehensive solution to modernize, manage, and secure their data.
The platform, deployed in over 25% of the Fortune 100, accelerates the adoption of hybrid, public, and multi‑cloud strategies, builds higher quality SLAs, and improves business process modernizations.