Tech Company Financing Transactions
DataRails Funding Round
DataRails closed a $50 million Series B funding round on 3/10/2022. Backers included Qumra Capital, Icon Ventures and Innovation Endeavors.
Transaction Overview
Company Name
Announced On
3/10/2022
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Qumra Capital (Lead Investor) (Sivan Dahan)
Proceeds Purpose
DataRails plans to use to continue adding more functionality to its existing product, including more predictive modeling capabilities; and to start build new functionality for other spreadsheet-using teams beyond the finance department such as marketing, sales and human resources.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Didi Gurfinkel
Chief Technical Officer
Oded Har-Tal
VP - Customer Service
Lori Brigg
VP - Human Resources
Adi Enoch
VP - Product Management
Eyal Cohen
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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.
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