Datavail receives investment from Orix

Datavail receives investment from Orix

ORIX Growth Capital completed a growth capital investment in Datavail Corp., a leading provider in the outsourced database administration (DBA) market. The investment will be used to support the company’s continued organic growth and acquisition strategy.

Catalyst-backed Datavail raises $10 million

Datavail announced the close of $10 million in financing from an undisclosed investor. Datavail is a specialized IT services company focused on data management that offers solutions in business intelligence, analytics, database administration, custom application development, and enterprise applications. The company provides both professional and managed services delivered via its global delivery model, focused on Microsoft, Oracle, and other leading technologies.

Catalyst Investors leads $41M Series C for Fusion Risk Management

“Fusion has built a reputation with its Fortune 500 customers as not only an exceptional risk management platform, but also as one of the tech industry’s top customer service practices,” said Ryan McNally, partner at Catalyst Investors. “The company is a clear leader in its space and is growing rapidly and profitably while gaining market share. The management team consists of world-class industry veterans with impressive track records of delivering enterprise-grade products to the largest corporate customers. We look forward to helping the company continue to gain market share, develop new products and expand internationally.”

Crain’s Chicago: Catalyst invests $41 million in Chicago firm Fusion

“If you just looked at the company’s profile, it’s hitting its stride and had reached a certain level of scale,” says Ryan McNally, a partner at New York-based Catalyst Investors, which provides growth capital to later-stage companies. It had been looking at the broader space of tech-enabled service companies in governance, risk and compliance when it was introduced to Fusion last year.

Catalyst-backed MediaMath gets new $175M senior secured credit facility

MediaMath will use this new line of credit to refinance existing debt facilities and fund its ongoing growth objectives. Joe Zawadzki, Chairman and CEO of MediaMath, said: “We’re thrilled to work with Goldman Sachs and Santander, who are equally ambitious to support the growing scale of our business today, and motivated to support the needs of a reimagined and increasingly sophisticated supply chain in the future.”

New York Business Journal on Catalyst portfolio company BrightFarms going national

BrightFarms Inc. is a New York City-based greenhouse farm startup that aims to become a national brand for local produce by shortening the distance produce travels, providing food that it says is one-week fresher than the supermarket industry standard. Last September, BrightFarms closed on a $30.1 million Series C equity financing round led by New York-based Catalyst Investors, joined by existing investors WP Global Partners, based in Chicago, and New York-based NGEN Partners.

BizWest: Datavail’s $47.3M tops Colorado’s 4Q VC 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.