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10 Cool Tech Companies That Raised Funding In February

Rick Whiting

Time series database developer InfluxData, data observability startup Acceldata and hyperscale networking software company Arrcus are among the companies that raised new financing in February, a list led by cloud security tech provider Wiz.

Acceldata

Headquarters: Campbell, Calif.

CEO: Rohit Choudhary

Funding: The $50 million Series C funding round brought the company’s total funding to nearly $100 million.

Investors : The round was led by March Capital with additional investment from Sanabil Investments, Industry Ventures and existing investor Insight Partners.

What the company does: Acceldata develops an enterprise data observability platform.

CEO Quote: “Data teams are building revenue-generating, mission-critical data products but are missing purpose-built observability solutions to operate their data ecosystem. We are rapidly innovating to enable enterprises with a comprehensive data observability platform, providing visibility across the supply chain of data.”

 

 
Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at rwhiting@thechannelcompany.com.

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