DataRPM Corporation

SoftwareSeries ARedwood City, USdatarpm.com

Latest round

Series A

Last raised

Mar 2014

Total raised

$5.9M

Investors

3

About DataRPM Corporation

DataRPM Corporation provides advanced AI-powered analytics solutions designed to enhance data utilization for organizations. Founded in 2012 in Redwood City, US, DataRPM has undergone strategic pivots to focus on AI technologies. The company was acquired by Progress Software Corporation in March 2017 for USD 30 mn, marking a significant transition in its business operations.DataRPM Corporation delivers a suite of AI-driven software products tailored for business applications across various sectors, including federal government, defense, and public sectors. Its core offerings encompass the Progress Data Platform, which integrates data, AI, and analytics to support enterprise growth, as well as a digital experience management suite for marketers and developers.DataRPM generates revenue through a mix of subscription-based models and enterprise licensing agreements. Clients engage by purchasing annual subscriptions for flagship software products, such as MOVEit, with price structures that cater to varying organizational sizes and needs. The recent acquisition will enhance its capabilities, and the focus will be on developing new AI-driven solutions scheduled for release in the coming year. DataRPM is also targeting expansion into international markets, including Europe and Asia, to broaden its customer base. The completion of the acquisition in March 2017, which involved a transaction of USD 30 mn, is expected to support these growth initiatives.

Who invested in DataRPM Corporation

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 11, 2014

    Amount

    $5.1M

    Investors

    Locked

  2. Seed

    Nov 14, 2013

    Amount

    $0.8M

    Investors

    Locked

Questions about DataRPM Corporation

Who invested in DataRPM Corporation?

DataRPM Corporation has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has DataRPM Corporation raised?

DataRPM Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did DataRPM Corporation last raise money?

DataRPM Corporation's most recent round on record is a Series A, in Mar 2014.

What does DataRPM Corporation do?

DataRPM Corporation provides advanced AI-powered analytics solutions designed to enhance data utilization for organizations.

Where is DataRPM Corporation headquartered?

DataRPM Corporation is headquartered in Redwood City, US.

Which VCs invest in companies like DataRPM Corporation?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at DataRPM Corporation's stage. Their profiles are linked below.

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