# Datacoral

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/datacoral

- Industry: IT Infrastructure
- Headquarters: San Francisco, US
- Website: www.datacoral.com
- Total disclosed funding: $14M
- Latest round: Series A (Nov 8, 2018)
- Investors on record: 2

## About

Based in San Francisco, US, Datacoral, Inc. specializes in data integration and management solutions, enabling organizations to efficiently harness and analyze their data across multiple environments including cloud and on-premises settings.Founded in 2016 in San Francisco, US, Datacoral, Inc. focuses on providing innovative data management solutions. The company has undergone strategic developments and was most recently part of a deal where it was acquired by Cloudera, Inc. on June 1, 2021. Raghotham Murthy serves as both the founder and CEO, leading the firm through its growth phases. The company has successfully raised a total of USD 10.00 mn across its funding rounds, with the latest being a Series A round led by Madrona Venture Group.Datacoral offers advanced data integration and management solutions that facilitate data analytics across various environments. Their services are designed for effective management of data lakes, enabling users such as data scientists and enterprise developers to create and deploy data solutions efficiently. The platform supports a wide range of industries including financial services, healthcare, telecommunications, and public sector organizations, allowing clients to leverage their data for operational insights and analytics.Datacoral generates revenue primarily through subscription-based models, where organizations pay for access to its data management and analytics services. Clients typically enter into annual or multi-year agreements that provide comprehensive access to Datacoral's offerings, which are tailored to meet diverse business needs across various sizes and sectors. While specific pricing details are not disclosed, the company’s strategic pricing aligns with the demands of enterprise-level data solutions.Datacoral plans to enhance its product offerings and expand into new geographic markets. Following its acquisition by Cloudera, Inc., the investment will focus on augmenting Cloudera's public cloud capabilities, thereby broadening its product solutions. The company expects to introduce new product features and enhancements in alignment with Cloudera’s strategic objectives, although specific release dates are not yet available. The recent funding from the acquisition will be utilized to support these growth initiatives, aiming to strengthen its market presence in North America, Europe, and Asia-Pacific.

## Funding rounds

- Series A, Nov 8, 2018, $10M — Madrona Venture Group, Social Capital
- Seed, Jun 1, 2017, $4M — Social Capital

## Investors

- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed, Series A
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A