Dabble DB, a Vancouver-based online database / hosted application creation company has raised around $2 million dollars in Series A venture funding from Ventures West, a Canadian VC fund. Paul Kedrosky, a venture partner with the fund, is leading the investment in the eighteen-month-old company. The company will also come out of “beta” tomorrow.
“I think it is a great platform for building data centric apps,” says Kedrosky. His logic – Dabble DB is selling “picks and shovels” in this Web 2.0 boom. They have already garnered quite a few paying customers, and perhaps this new round of financing will help them scale their operations. Dabble DB falls under the same category as say a Ning: companies that help build on-the-fly web apps.
The company was started by Avi Bryant and Andrew Catton, both first time entrepreneurs. DabbleDB has received some good reviews. I plan to spend some time looking at Dabble DB later. I might be wrong, but my guess is that these kind of offerings could have a similar impact on online-app creation as Visual Basic Studio did for the Microsoft and its ecosystem. (Guys, correct me if I am off base!)