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Acceldata, the world's first enterprise Data Observability Cloud founded by two Indian founders, has raised $35 million in Series B led 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 be used tor 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.
In India, Acceldata will utilize 1/3rd of the fund in R&D and building cutting-edge products in the data observability space.
