Datavail Raises $4.25M in Third Financing

Funding Rounds

Summary

Datavail, a Broomfield, Colorado-based provider of remote database administration (DBA) services, has raised $4.25m in its third financing.The company intends to use the proceeds from the investment to expand operations in the northeast region to service New York, New Jersey and Philadelphia markets and hire new employees to support this geographic growth.Datavail also plans to increase its marketing initiatives, internal infrastructure projects, and research & development efforts.Founded in 2007 and led by Mark Perlstein, President & CEO, Datavail provides remote database administration (DBA) services in North America, offering database design and architecture, administration and 24×7 support.Datavail is based in and supports enterprise clients located worldwide.

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Amount $4.3M Total raised
Date September 6, 2012 Announcement date
Investors Datavail Lead investors
Company http://www.datavail.com Funded company

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