Company pivoting from Managed Services to SaaS, bringing innovative data management software to market.
CHARLOTTE, NC– Dynamic Data Management, the data modernization and monetization company, today announced it has completed a Series A round of financing with early stage investor PGE Capital. The investment will support the company’s development of its innovative cloud-based database management product, Delta Bravo. PGE Chairman Alan West will join Dynamic Data Management’s Board of Directors.
The Series A financing builds on an exceptional year for Dynamic Data which saw a rapidly growing roster of clients, key executive appointments, and market momentum in the white-hot areas of data-driven product development and management. Dynamic Data added CTO John McAliley to the company’s executive ranks, and its client roster grew to include consumer and B2B brands such as AccuWeather, Wikoff Color and Soft-Tex among many others.
Founded in 2009, PGE Capital is an early stage investor in technology companies focused on solving security and data problems for enterprise customers. PGE works closely with its portfolio companies, enhancing their performance by providing capital and operating support to growth-oriented management teams.
“Dynamic Data’s Delta Bravo software is well-timed with the rapidly increasing demand for solutions that increase application performance and reduce cloud costs,” said Alan West, Chairman of PGE Capital. “We believe the market will continue to see a shift of IT dollars to both data-driven applications and cloud deployments as brands rapidly develop new products and seek to scale those efforts. Delta Bravo is a powerful solution for the industry and we are excited to collaborate with and support the Dynamic team as they work to build a great company in an exciting category.”
Delta Bravo leverages predictive analytics and machine learning to optimize database performance and resource utilization. Delta Bravo helps developers get products to market faster by reducing the time it takes to improve database performance. The product also reduces the cost of cloud-based applications by reducing resources used by cloud databases. Delta Bravo is the only database management solution on the market that supports all SQL variants: MySQL, PostgreSQL and SQL Server. The product is currently in beta release with select customers but is handling over 15 billion data requests per day.
Key features and benefits of Delta Bravo include:
- Performance improvement and cost reduction for critical applications
- Detection of database problems faster and more precisely than people or competitor software
- Delta Bravo doesn’t just identify problems, it recommends fixes
- Delta Bravo gets smarter over time, using machine learning to tailor recommendations to each user and context
- Delta Bravo is affordable for even the smallest business
- Delta Bravo can be setup and used in less than 5 minutes
- SaaS-based pricing so customers don’t feel locked in
- Quantifiable ROI through business outcome reports
“As an industry we’re just scratching the surface of how data growth will impact enterprise IT,” said Dynamic Data Management Chief Executive Officer Rick Oppedisano. “Having the financial support and domain expertise of PGE Capital will help us execute our vision even more rapidly and broadly – and with the benefit of experience, perspective and relationships of a leading tech investor.”
About Dynamic Data Management
Dynamic Data provides advanced data expertise to midmarket and enterprise customers, helping companies modernize and monetize their data. Dynamic’s services deliver business outcomes that create distinct competitive advantage. The company’s Data Monetization Framework exposes the value of enterprise data and delivers the right productization and ROI models to take data to market. Most recently, Dynamic Data worked with AccuWeather and Microsoft to develop and launch AccuWeather D3 Express. Leveraging Microsoft Azure to process massive datasets, AccuWeather D3 Express uses cloud-based analytics and machine learning to anticipate disruptive weather events and quantify their impact on business.
Dynamic also works with companies to improve the efficiency of their data delivery systems, reducing cost and increasing performance in both cloud and on-premise data tiers. To learn more about Dynamic Data Management, visit http://dynamicdata.io.
About PGE Capital
PGE Capital is an early stage investor and growth advisor for companies in the data and security spaces. Since 2009, PGE has helped up-and-coming firms build new software and service teams that deliver true competitive advantage to their customers. We identify great companies and enhance their performance by providing capital and operating support to strong management teams. Our companies share two driving characteristics: an emphasis on long-term market leadership and a goal to build products that empower the enterprise.
Marketing Director, PGE Capital