Tech Company Financing Transactions
DataRails Funding Round
DataRails, based in Rishon Lezion, raised $6 million from Vertex Ventures, Cyrus Capital and private investors.
Transaction Overview
Company Name
Announced On
7/20/2017
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Proceeds Purpose
DataRails will use the money to open offices in New York, strengthen product development and build its worldwide customer portfolio.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Sderot Nim 2
Rishon Lezion, 00000
Israel
Rishon Lezion, 00000
Israel
Phone
Website
Email Address
Overview
We put our minds and hearts together and created a comprehensive solution that upgrades Excel to an enterprise-grade platform. DataRails is a unique technology solution that tracks, controls, and manages spreadsheets at the enterprise and business level, with no change to the end-user Excel experience.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/20/2017: Shift venture capital transaction
Next: 7/20/2017: PebblePost venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs