October 2020 Summaries

Acceldata, a company specializing in providing comprehensive Data Observability platforms, has secured $8.5 million in Series A funding led by Sorenson Ventures with participation from existing investors Lightspeed Venture Partners, Emergent Ventures, and leading angels Ashish Gupta and Girish Mathrubootham. The investment will help Acceldata expand its capabilities to provide a comprehensive Data Observability platform that connects investments in advanced analytics and AI with data and business success. The funding demonstrates the belief of investment partners that Data Observability is a foundational element for enterprise data success, as it enables companies to monitor and manage their data pipelines effectively.