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.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech