US-based database virtualisation software provider Datometry has secured $10m in series A funding from investors including Dell Technologies Capital, the corporate venturing subsidiary of laptop manufacturer Dell.
Venture and growth capital firm Redline Capital led the round, which also featured Acorn Pacific Ventures, one of the seven VC funds that make up VC and incubator organisation Acorn Campus Network.
Datometry has built a database virtualisation platform called Hyper-Q that converts communications with a database in real time and makes them interchangeable.
The conversion process means applications which were written for a particular database on a client’s premises can be run instantly on any major cloud-native database. Datometry will spend the series A funds on product development and go-to-market investments.
Mike Waas, Datometry’s founder and chief executive, said: “Enterprises are extremely eager to adopt cloud-native data management technologies to accelerate their initiatives around analytics and data science.
“The traction we are getting with some of the largest enterprises across all verticals speaks to the power and timeliness of Datometry’s offering as well as the simplicity and speed of adoption.”
The series A round follows $1m in seed funding raised in 2014, according to a regulatory filing. Datometry was also part of the 2016 cohort of software provider Microsoft’s Microsoft Accelerator.