Datavail Corp. raises $47M funding round

BROOMFIELD — Datavail Corp., a provider of remote database administration services based in Broomfield, has raised $47 million in funding led by Catalyst Investors.

New York City-based Catalyst was joined in the round by Tahosa Capital and Lumerity Capital Partners, along with existing investors Boulder Ventures, Meritage Funds and MC Investment Fund.

Catalyst partner Tyler Newton and principal Susan Bihler, along with Derek Pilling of Tahosa Capital, joined Datavail’s board of directors.

Datavail provides outsourced database administration services for enterprise and mid-market clients that rely on constant monitoring and response for mission critical databases. The company provides managed services, project-consulting services, staff augmentation…