Tech Company Financing Transactions
Acceldata Funding Round
On 2/8/2023, Acceldata secured $50 million in Series C funding from March Capital Partners, Industry Ventures and Insight Venture Partners.
Transaction Overview
Company Name
Announced On
2/8/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
March Capital Partners (Lead Investor)
Insight Venture Partners (George Mathew)
Proceeds Purpose
The company intends to use the funds for accelerating innovation and expanding go-to-market efforts for its platform. Acceldata is utilizing this investment to further expand its footprint into the Global 2000, while supporting existing partnerships with Snowflake, Databricks and data and analytics services providers including Wipro and others. The company is expanding its integrations with cloud service providers and ISVs, and continues to increase awareness of data observability as a must-have enterprise investment area.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3031 Tisch Way
San Jose, CA 95129
USA
San Jose, CA 95129
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rohit Choudhary
Chief Technical Officer
Ashwin Rajeev
Co-Founder
Raghumitra
Co-Founder
Gaurav Nagar
VP - Marketing
Geoff Baum
VP - Sales
David Yehle
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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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