Datical, a Austin, TX-based provider of agile database automation solutions, announced that is has received $8 million in Series B funding, led by S3 Ventures with participation from existing investors Mercury Fund and Austin Ventures.
A company spokesperson said the firm will use the funding to expand its platform, which “provides the automation necessary for enterprises to keep up with the increasing speed of application rollouts.” In addition to growing its product development team, Datical will continue to ramp up global sales, marketing and various support resources and activities.
“Datical DB is the only solution that automates database change management in application release cycles, which are becoming more frequent as organizations shift toward continuous delivery models and DevOps methods to meet demands from the digital enterprise,” the spokesperson noted. “Automation at every level is a critical element of DevOps, but the database is often overlooked or becomes an afterthought when companies adopt this modern approach to software delivery.”
That approach has paid off for the company. Since it was founded in 2012, Datical’s business has been growing steadily (300% in 2015), the spokesperson said.
“Whether our customers are using cloud or on-premise databases, we enable them to increase the speed, accuracy and security of database change,” said Derek Hutson, CEO of Datical. “As the market turns to Datical to solve this problem, partnering with S3 enables even greater investment in our technology and provides our current and future customers with ever-increasing value.”
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