logo
logo

Observable Announces $35.6 Million Series B Funding

Jan 13, 2022over 3 years ago

Amount Raised

$35.6 Million

Round Type

series b

San FranciscoInformation Technology

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.

Company Information

Company

Observable

Location

San Francisco, California, United States

About

Observable was co-founded by Mike Bostock, D3.js creator, and Melody Meckfessel, former VP of Engineering at Google. Observable helps teams at more than 150 organizations such as Stitch Fix, Trase, The Washington Post and MIT make better business decisions using data. Learn more: https://observablehq.com/

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech