Acceldata Raises $35 Mn In Series B For R&D, New Products

Acceldata Raises $35 Mn In Series B For R&D, New Products

SUMMARY

The funding was led by Insight Partners and the other participants included March Capital, Lightspeed, Sorenson Ventures, and Emergent Ventures

The US-based startup raised its Series A funding of $8.5 Mn in October 2020 led by Sorenson Ventures with participation from Lightspeed and Emergent Ventures

Founded in 2018, Palo Alto by two Indian founders Rohit Choudhary, Ashwin Rajeev, the startup has offices in Bangalore and Singapore

Data observability cloud Acceldata has raised $35 Mn in Series B led by private equity firm Insight Partners to further expand its capabilities across data quality, data pipeline monitoring, and system infrastructure.

The round also saw the participation of March Capital and existing investors Lightspeed, Sorenson Ventures, and Emergent Ventures.

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