Enables rapid adoption of cloud-native database technology while preserving enterprise investments in existing applications.
San Francisco – June 22 2017 – Datometry, a pioneer in database virtualization technology, today announced a $10 million Series A funding round led by Redline Capital with participation from Dell Technologies Capital and Acorn Pacific Ventures. Datometry will use the financing to accelerate product development and go-to market investments to advance its vision of connecting the world’s applications with data, independent of technology choices.
“Datometry is redefining enterprise data management,” says Nicolas Giuli, Partner at Redline Capital, “Datometry’s ability to future-proof an enterprise’s investments in application development while giving it unprecedented mobility to move to, within, and between clouds solves one of the industry’s hardest and most pressing problems. Their long-term business model puts them on the path to upend the entire database market.”
Datometry® Hyper-Q™ is the industry’s first database virtualization platform that makes databases—the very foundation of every enterprise IT stack—interchangeable by intercepting and converting an application’s communication with the database in real-time. Applications written originally for a specific database on premises can run natively and instantly on any major cloud-native database. Datometry eliminates the need for time-consuming, costly, and risk-laden application migrations that frequently mire re-platforming initiatives. Enterprises can now have their choice of enterprise data management technology to fit their economic objectives and enable them to innovate at the speed their business demands.
“Enterprises are extremely eager to adopt cloud-native data management technologies to accelerate their initiatives around analytics and data science” says Mike Waas, Founder and CEO at Datometry. “The traction we’re 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.”
Mike Waas further adds, “The global database market—a $40 Billion plus industry, as per IDC—is currently undergoing a fundamental transformation as enterprises race to adopt the cloud to reap the benefits of unprecedented elasticity, flexibility, and agility. Datometry provides enterprises effective control of their data with a product portfolio that becomes the core for data management and enterprise-wide interoperability.”
Datometry partners with leading cloud service providers and database vendors including Azure Synapse, Amazon Redshift, and Google BigQuery and is available on Microsoft Azure Marketplace, AWS Marketplace, and Pivotal Network.
Datometry is revolutionizing how global enterprises can gain competitive advantage by up-leveling their enterprise data management to become cloud-native quickly and effectively. Datometry® Hyper-Q™ is a category-defining solution that accelerates the digital transformation of enterprise IT by eliminating the costs and risks of adopting new data management technologies and lets the enterprise realize significant savings, innovate faster, and increase the speed of business. Hyper-Q is powered by Datometry’s proprietary technology developed by an expert team of database researchers and engineers. Datometry is headquartered in San Francisco, California.
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