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Acceldata announces USD 50 Million in Series C Funding to expand market leadership and product innovation in Data Observability

New Delhi [India], February 15 (ANI/NewsVoir): Acceldata, the market leader in data observability, has raised USD 50 million in Series C funding. This latest round of funding was led by March Capital, with additional investment from Sanabil Investments, Industry Ventures, and existing investors, Insight Partners. Acceldata has raised nearly USD 100 million in funding from top-tier VCs including Lightspeed, Sorenson Ventures, and Emergent Ventures since its inception. The round will be used for accelerating innovation and expanding go-to-market efforts for its Data Observability Platform. Enterprise data volume and system complexity is increasing exponentially while data engineering teams are understaffed and hard to scale. Operational complexity, failing data pipelines, unreliable datasets, and rising data management costs inhibit data ROI, and cause costly compliance failures for enterprises across all industries. In a recent survey conducted by Censuswide, 80 per cent of enterprise d ....

New Delhi , Rohit Choudhary , Rajan Mehra , Phonepe Walmart , George Mathew , Dun Bradstreet , March Capital , Sanabil Investments , Industry Ventures , Sorenson Ventures , Emergent Ventures , Data Observability , Managing Director , Acceldata Data Observability Platform , Open Data Platform , Insight Partners , New Delhi India , Ebruary 15 Ani Newsvoir Acceldata , He Market Leader In Data Observability , As Raised Usd 50 Million In Seriesc Funding This Latest Round Of Was Led By March Capital , Ith Additional Investment From Sanabil Investments , Industry Ventures , Nd Existing Investors , Nsight Partners Acceldata Has Raised Nearly Usd 100 Million In Funding From Top Tier Vcs Including Lightspeed , Sorenson Ventures , Nd Emergent Ventures Since Its Inception The Round Will Be Used For Accelerating Innovation And Expanding Go To Market Efforts Data Observability Platform Enterprise Volume System Complexity Is Increasing Exponentially While Engineering Teams Are Understaffed Hard Scale Operational ,