Tech Company Financing Transactions

Acceldata Funding Round

Acceldata, based in San Jose, raised $10 million in funding from Prosperity7 Ventures.

Transaction Overview

Company Name
Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors

Prosperity7 Ventures (Lead Investor)

Proceeds Purpose
The company will use the funds to expand the company's AI-focused observability offerings. And Acceldata plans to grow its team, expanding from 216 full-time employees to 250 by the end of the year.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3031 Tisch Way
San Jose, CA 95129
USA
Phone
Undisclosed
Email Address
Overview
Founded in 2018 and based in Palo Alto, CA, Acceldata was created to build the missing data observability layer to help modern enterprises build, operate, and optimize complex, interconnected data systems with ease.
Profile
Acceldata LinkedIn Company Profile
Social Media
Acceldata Company Twitter Account
Company News
Acceldata News
Facebook
Acceldata on Facebook
YouTube
Acceldata on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rohit Choudhary
  Rohit Choudhary LinkedIn Profile  Rohit Choudhary Twitter Account  Rohit Choudhary News  Rohit Choudhary on Facebook
Chief Technical Officer
Ashwin Rajeev
  Ashwin Rajeev LinkedIn Profile  Ashwin Rajeev Twitter Account  Ashwin Rajeev News  Ashwin Rajeev on Facebook
Co-Founder
Raghumitra
  Raghumitra  LinkedIn Profile  Raghumitra  Twitter Account  Raghumitra  News  Raghumitra  on Facebook
Co-Founder
Gaurav Nagar
  Gaurav Nagar LinkedIn Profile  Gaurav Nagar Twitter Account  Gaurav Nagar News  Gaurav Nagar on Facebook
VP - Marketing
Geoff Baum
  Geoff Baum LinkedIn Profile  Geoff Baum Twitter Account  Geoff Baum News  Geoff Baum on Facebook
VP - Sales
David Yehle
  David Yehle LinkedIn Profile  David Yehle Twitter Account  David Yehle News  David Yehle on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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