Banking & Finance  January 15, 2016

Datavail’s $47.3 million tops Colorado’s 4Q venture-capital deals list

Broomfield-based Datavail Corp., a provider of remote database administration services, received $47.3 million in venture capital during the fourth quarter, the largest deal in Colorado for the period.

Datavail’s seventh round of funding was backed by Catalyst Investors LLC, Boulder Ventures Ltd., Montis Capital LLC, Meritage Funds and an undisclosed firm, according to the quarterly MoneyTree Report released Friday.

Seven companies in Boulder, and one each in Louisville, Longmont and Fort Collins accounted for 10 of the state’s 26 venture-capital deals in the quarter.

Nine of the 10 deals totaled approximately $127 million, or 47 percent…

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