Amount Raised
$35.6 Million
Round Type
series b
Description
Observable, the data collaboration company, today announced it has closed a $35.6 million Series B funding round led by Menlo Ventures. Existing investors Sequoia Capital and Acrew Capital also participated in this round, which brings the total invested capital to $46.1 million. Observable is a collaborative, web-based platform for data practitioners and the decision makers they empower. The funding will support the company’s growth and continued platform innovation.
FundzWatch™ Score
66
Medium Activity
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech