San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Acceldata is raising $29,999,951.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Rohit Choudhary played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Acceldata
Acceldata has created the worlds first Data Observability Cloud, helping data-driven enterprises achieve operational excellence, innovation agility, and higher returns on data investment. Modern enterprises increasingly rely on embedded analytics and AI systems to power their business operations and decisions. Building, operating, and optimizing these systems, however, can be overwhelming. Traditional monitoring tools, while effective for web applications and microservices, don’t provide sufficient insight into distributed data, processing, and pipelines. Acceldatas data observability tools use purpose-built analytics and monitoring to optimize embedded AI and analytics workloads. Customers like GE Digital, PhonePe (Walmart), Pubmatic, Pratt & Whitney, DBS Bank, and Oracle depend on Acceldata to decrease data pipeline costs by over 20%, while improving reliability by more than 95%. Finance and business teams love the 15+% increase in return on data investments. Acceldata is now building the industrys first Data Observability Cloud for hybrid data lakes and cloud data warehouses. Acceldatas Data Observability Cloud provides on-demand operational intelligence to support embedded AI and analytics data workloads. With Acceldata, enterprises can easily scale pipelines to meet the needs of modern business, regardless of platform or cloud environment.

To learn more about Acceldata, visit http://acceldata.io/

Contact:
Rohit Choudhary, Chief Executive Officer
650-843-0988
https://www.linkedin.com/in/rconline/

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