Data Observability startup Acceldata raises $35-M Series B

Bangalore- and Palo Alto, CA (USA)-based enterprise Data Observability startup Acceldata has raised $35 million in its Series B round of funding led by Insight Partners with participation from new investor March Capital and existing investors Lightspeed Ventures, Sorenson Ventures, and Emergent Ventures. The new funds will be used to further expand its capabilities across data quality, data pipeline monitoring, and system infrastructure to enable enterprises to achieve operational excellence, innovation agility, and higher returns on their data initiatives. In October 2020, Acceldata had raised its Series A round led by Sorenson Ventures.