California-based enterprise data observability startup Acceldata secured $50M in capital to expand go-to-market efforts and fuel product innovation.

 

California-based enterprise data observability startup Acceldata secured $50M in capital to expand go-to-market efforts and fuel product innovation.   March Capital led the Series C funding with participation from Sanabil Investments, Industry Ventures, and Insight Partners.  The funding brings the firm's total raised to date to $95.6M. Insight led a $35M Series B round in September 2021.  Acceldata's platform provides enterprises with end-to-end observability of data processing, data pipeline, and data quality.  The firm's platform has pre-built integrations for Snowflake, Databricks, BigQuery, and Amazon Redshift.  Major customers include Oracle, PhonePe, and DBS Bank.  With the fresh funding, it also plans to increase its headcount by 100.