Austin-based Datical Snags $1 Million in Funding

Datical has raised $1 million in financing, according to a filing with the U.S. Securities and Exchange Commission.
“Datical, which was founded in 2012, develops database management software. It was launched by local entrepreneurs Robert Reeves, Daniel Nelson and Pete Pickerill. The trio’s previous business, Phurnace Software Inc., was acquired in 2009 by Houston-based BMC Software Inc.” according to the San Antonio Business Journal, which broke the news.
Last July, Datical raised $700,000 according to a story that Lori Hawkins wrote in the Austin American Statesman.
At that time, investors included “Austin Ventures, Mohr Davidow Ventures of Silicon Valley, DFJ Mercury, based in Houston and Austin investor John Hime,” according to the Statesman story.

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