Datometry, Inc.

Datometry, Inc. specializes in software solutions that facilitate seamless migrations of existing applications to modern database systems, eliminating the need for SQL code rewrites. Founded in 2013 and headquartered in San Francisco, US, Datometry, Inc. provides a platform for migrating applications from legacy databases to modern solutions.

The company has received funding through three significant deals, with its most recent funding round occurring on February 13, 2020. They successfully raised USD 17 mn in Series B funding, led by Celesta Capital, with participation from multiple investors including Dell Technologies Capital. Mike Waas serves as both the Founder and CEO, bringing experience from previous ventures in the tech industry. Datometry offers a unique software platform, Datometry Hyper-Q, designed to enable organizations to migrate applications from legacy databases like Teradata and Oracle to contemporary database solutions, preserving prior investments in development.

This platform operates by transforming SQL statements and data in real-time, facilitating seamless integration with next-generation databases. Datometry serves a diverse client base, including major corporations in finance, healthcare, and retail, primarily focusing its marketing efforts in North America and Europe. Datometry generates revenue through a subscription-based model, allowing clients to access its platform as a software service. The structure typically involves annual or multi-year contracts, ensuring ongoing access to the software, support, and updates.

The company focuses on enterprise clients and sometimes collaborates with key industry players to enhance its offerings. Key products like Datometry Hyper-Q are pivotal in driving revenue as clients seek efficient migration processes and cost savings associated with modern database technologies. Datometry plans to leverage its recent Series B funding of USD 17 mn to expand its product offerings and enter new markets. The company aims to develop additional features for Datometry Hyper-Q and explore entry into untapped regions by 2023, enhancing its service capabilities for global clients.

The investment will support ongoing product development and market expansion initiatives.