AccelData raises $35Mn in Series B round by Insight and others
Data Observability Cloud start-up AccelData raised $35 million in series B round headed by global venture capital and private equity firm Insight Partners with participation from new investor March Capital and existing investors Lightspeed, Sorenson Ventures, and Emergent Ventures.
This funding will 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.
Founded in 2018, AccelData offers observability over data quality, data pipelines and system infrastructure in real-time with the help of its AI and machine learning algorithms providing its customers like PhonePe (Walmart), Oracle, True Corporation, and PubMatic banish data complexity, scale data usage, and improve business outcomes.
In light of the development, Co-founder and CEO Rohit said, "Most companies don't have the expertise and resources to effectively manage their enterprise data systems, and this investment from leading enterprise software VCs validates our vision.”
George Mathew, Managing Director of Insight Partners, said, "AccelData is unique because it handles data at rest and data in motion through the entire data pipeline with an enterprise architecture - data source, infrastructure, and cloud provider-agnostic."
INTERVIEWS
TOP VIDEOS
SECURITY
SOFTWARE
UiPath partners with Orica to scale Application Testing and Automation capabilities
UiPath and Orica announced a global partnership to scale Orica’s application testing...
Accenture rolls out Velocity that helps Clients drive up to 50% faster business transformation on AWS
Accenture launched Velocity, a jointly funded and co-developed platform with Amazon Web Se...
actyv.ai to help Axis Bank with Supply Chain Finance solutions
AI-powered Enterprise SaaS platform, actyv.ai announced its partnership with Axis Bank to...
START - UP
PERIPHERALS
INDUSTRY EVENTS
Eaton celebrates the success of its flagship event – EnnovATiON 3.0
Power management company Eaton celebrates the success of its flagship event – EnnovA...
DIGISOL Systems to organize free online training on understanding FTTH basics for partners
DIGISOL Systems will be conducting a free online training on Understanding FTTH Basics on...
Partners are the frontrunners who help customers embrace Digital Transformation - SNA 2022
VARINDIA witnessed a tremendous growth and momentum among the partners who attended the 21...
SCADA/OT Security Acceleration Program launched by National Cyber CoE, C-DAC and Infopercept
Data Security Council of India’s National CoE program in collaboration with C-DAC (C...
E- COMMERCE
