Tech Company Financing Transactions
Acceldata Funding Round
Acceldata, based in San Jose, raised $10 million in funding from Prosperity7 Ventures.
Transaction Overview
Company Name
Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors
Prosperity7 Ventures (Lead Investor)
Proceeds Purpose
The company will use the funds to expand the company's AI-focused observability offerings. And Acceldata plans to grow its team, expanding from 216 full-time employees to 250 by the end of the year.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3031 Tisch Way
San Jose, CA 95129
USA
San Jose, CA 95129
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2018 and based in Palo Alto, CA, Acceldata was created to build the missing data observability layer to help modern enterprises build, operate, and optimize complex, interconnected data systems with ease.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rohit Choudhary
Chief Technical Officer
Ashwin Rajeev
Co-Founder
Raghumitra
Co-Founder
Gaurav Nagar
VP - Marketing
Geoff Baum
VP - Sales
David Yehle
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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