Spreadsheet Startup DataRails Raises $6M

July 20, 2017 | DataRails, an Israeli startup that is upgrading Excel into a smart organizational tool for businesses, has completed a $6 million series A funding round, led by Vertex Ventures. Founded in 2015 by Didi Gurfinkel, Eyal Cohen, and Oded Har-Tal, DataRails is a cloud platform that allows businesses to more efficiently manage, organize, and share data on Excel. The company plans to use the investment to improve product development, develop a worldwide customer portfolio, and establish offices in New York. The latest round brings DataRails’ total funding up to $7 million.