Friday, May 24, 2013

Datical Nabs $1M For Database Management

Austin-based Datical has raised $1M in a funding round, according to a regulatory filing by the firm. The firm, which is backed by Austin Ventures, Mercury Fund, and Mohr Davidow, has not yet announced the funding. The round completes what looks to be a convertible debt funding started in July of last year, which initially included $660,000 in funding. Datical is headed by Daniel Nelson, who was previously a founder at Phurnace Software. Phurnace was acquired by BMC Software in 2009, and Nelson joined BMC after that acquisition. More information »