Tag: Datical

Datical Raises $8 Million in VC Funding

imgres-1Datical, which makes software that lets companies update applications on their databases easily, announced Thursday it has raised $8 million funding.

The Austin-based startup, founded in 2012, reported that S3 Ventures led its Series B round with participation from existing investors Mercury Fund and Austin Ventures. Previously, Datical raised $6.9 million in venture capital from seven investors, according to its Crunchbase profile.

The company plans to use the funds to expand its platform, which lets companies automatically keep up with the increasing speed of application rollouts. It also plans to hire more product developers, sales and marketing staff.

“Whether our customers are using cloud or on-premise databases, we enable them to increase the speed, accuracy and security of database change,” Derek Hutson, CEO of Datical, said in a news release. “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.”

Datical’s customers include Fidelity Investments, GE Transportation, eBay Enterprise, Deloitte and the State of North Dakota.

“As enterprises continue to adopt DevOps as the ideal approach for application delivery, we recognize the database is quickly becoming the next area of focus for automation in IT,” Brian R. Smith, managing director at S3 Ventures said in a news release. “Datical’s combination of a leadership position in a growing market, innovative technology and an experienced team make this a natural fit for S3.”

Silicon Hills News did this profile of Datical in 2014.

Datical Tackles Database Issues for Companies

Reporter with Silicon Hills News

iStock_000024599885SmallThe world is experiencing a data explosion.

Datical seeks to help companies manage all that data flowing through their organizations.

The Austin-based startup has created software that lets companies update applications on their databases easily and efficiently.

Last week, the Greater Austin Chamber of Commerce named Datical as one of its A-List Startups to watch for 2014.

So far, Datical has raised $4.7 million, according to its Crunchbase profile. Last December, Datical closed on a $3 million Series A round of funding led by Mercury Fund.

Its flagship product is Datical DB software, based on the open-source project Liquibase, which is used by hundreds of organizations. The software can help companies forecast how a database change will affect production and it makes it easier and faster to update databases.

“Essentially, it allows development operators and database administrators to sort of collaborate on database change management,” explains Pete Pickerill, vice president of products and co-founder of Datical. “We think everybody with a large-scale web-presence would benefit.”

W20 Group, a Datical DB customer, uses it to analyze large volumes of online interactions for information about its customers in health, technology, and consumer products.

“Datical DB gives our teams complete visibility into all of our relational database environments, and integrates seamlessly with our continuous integration process,” says says Steve Blackmon, Director of Data Sciences at W20 Group.

Datical DB eliminates manual change scripting and the errors that can result with automatic script authoring, Pickerill explains. The solution works within existing application release processes, using existing tools. This reduces risk and cost and speeds time to market, he says.

Datical only emerged from stealth mode in October of 2013, but its management team is experienced: Datical is co-founded by Daniel Nelson, Datical CEO; Robert Reeves, Datical CTO; and Pickerill — all founders of Phurnace Software, which was acquired by BMC Software in 2010.

Mercury Fund, a seed-stage venture capital firm, focuses on tech innovation. Datical was an appealing investment for the firm for multiple reasons, explains Aziz Gilani, Director at Mercury Fund and a Datical Board Member.

“Their unique business model makes developing new functionality very fast and provides a loyal, active user base for Datical to tap into,” Gilani says. “We invested for these reasons, but primarily because of Datical’s experience and track record.”

Austin Chamber Names 12 Startups to its Austin A-List for 2014

Founder of Silicon Hills News

BnEfhvbCEAAFIPpThe Austin Chamber of Commerce Wednesday night named 12 companies to its A-List of Startups for 2014.

In the “Emerging” category, for companies that have raised less than $1 million, the winners were Datical, Compare Metrics, Embrace, TeVido, TrustRadius and Spot on Sciences.

“You look at the companies that won last year and this year, it’s a great honor to be part of that group, because they are next generation of startups that are pushing us forward,” said Bart Bohn, founder of Embrace, customer relationship management software.

“It’s such a strong entrepreneurial business environment in Austin and it’s such an honor to be part of it,” said Jeanette Hill, CEO of Spot On Sciences, the maker of HemaSpot, a medical device that allows for remote blood sampling.

“It really means that all your hard work paid off. People see that what you’re doing is exciting and innovative and game changing and Austin is the place to be game changing,” said Laura Bosworth, CEO and co-founder of TeVido BioDevices, which uses 3-D printing technology to reconstruct and print breast tissue.

In the “Growth” category, for startups that have raised more than $1 million, but less than $10 million, the winners included Umbel, Square Root, Set.fm and TurnKey Vacation Rentals.

And in the “Scale” category, for companies that have raised more than $10 million, the winners were Novati and Chaotic Moon.

More than 250 startups applied for the Austin A-List awards, a 65 percent increase in participation from last year’s list, said Michele Skelding, senior vice president of global technology and innovation for the Greater Austin Chamber of Commerce.

BnE3GWTIYAES3kqSkelding and Hugh Forrest, executive director of South by Southwest Interactive, announced the winners at the inaugural State of Innovation event at the ACL Live at the Moody Theatre. Several hundred people attended the event which featured fireside chats by Laura Kilcrease, managing director of Triton Ventures, and Gene Austin, CEO of Bazaarvoice and Bob Metcalfe, professor of innovation at the University of Texas, inventor of Ethernet and co-founder of 3Com, and Mike Maples Jr., partner at Floodgate Ventures.

In addition, Mayor Lee Leffingwell proclaimed May 7th as “Austin Innovation Day.” He also discussed the city forming an “Innovation District” around the Dell Medical School. And Thomas G. Osha, managing director of Innovation and Economic Development at the Wexford Science and Technology, gave a talk about the development of Innovation Zones.

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