Datical, a provider of database release automation solutions, is receiving $10 million in Series C funding, allowing the company to continue to expand its research and development, customer success capabilities, and sales and marketing functions.
This latest round is led by new investor River Cities Capital Funds, with participation from existing investors S3 Ventures and Mercury Fund. Additionally, Adam Midkiff, vice president at River Cities, has joined Datical’s board of directors. This latest round brings the total investment in the company to $27 million to date.
“We are the market leader and have seen enormous growth in the last three years. This funding provides fuel for further innovation and expansion as Datical’s remarkable momentum has proven that modernizing the database release process is a necessary step in any digital transformation journey,” said Derek Hutson, CEO of Datical. “We’re honored to have River Cities on board as we enter this next phase of growth and begin an exciting new chapter of transforming software development.”
Datical enables enterprises to keep up with the rapidly accelerating application release cycle by automating database releases, while eliminating risks that cause application downtime and data security vulnerabilities.
For more information about this news, visit www.datical.com.