Data observability startup Acceldata raises $10M extension to its Series C round

Data observability startup Acceldata announced that it raised $10 million in an extension to its Series C round, bringing its total raised to over $100 million. New investor Prosperty7 Ventures was the sole contributor to the tranche, according to Acceldata co-founder and CEO Rohit Choudhary, which will be put toward go-to-market efforts, mergers and acquisitions, R&D (particularly in Canada, where Acceldata recently opened offices) and geographic expansion.