PE Fund Investments
Data observability platform Acceldata raises $50-M from March Capital, others
Bengaluru- and USA-based data observability platform Acceldata has attracted Series C funding of USD 50 million (around INR 400 crore) led by existing investor March Capital. The round also saw participation from Sanabil Investments, Industry Ventures and Insight Partners. Acceldata will use the fresh funds to expand its go-to-market initiatives and for scaling up product innovation. Founded in 2018, Acceldata has built an enterprise data observability platform to help companies build and operate great data products. Acceldata counts Dun & Bradstreet, Verisk, Oracle, PubMatic, PhonePe and DBS as its customers. In 2021, it raised USD 35 million in Series B funding led by Insight Partners.That round also saw participation from new investor March Capital and existing investors Lightspeed, Sorenson Ventures, and Emergent Ventures.
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