Expect the pace of hiring to pick up at Datical Inc. now that the Austin startup has raised a fresh $10 million.
The series C funding round was led by Cincinnati-based River Cities Capital Funds, a new investor. It appears to be the first Austin investment for the investment firm, according to the portfolio on its website.
Existing investors S3 Ventures and Mercury Fund also pitched into the new round.
As part of the investment, River Cities Vice President Adam Midkiff has joined Datical’s board of directors.
The money will be used for research and development, plus on customer success, sales and marketing. Datical makes database management software, helping other companies that write code keep it organized and in sync.
This story first ran in the Austin Business Journal. Click here to see the rest of the story [subscriber content].
