California-based, Observe, a SaaS company that manages Data raised $115 million led by Sutter Hill Ventures in a Series B funding round.
Madrona, Capital One Ventures, and Snowflake Ventures actively backed the round.
Observe Raised $115M In Series B
CEO Observe, Jeremy Burton said that the funds will enable us to expand, R&D and marketing. Observe is planning to expand in North America soon.
Observe is a SaaS company that provides data management, storage and analyzing capabilities over cloud. All the data is stored in a single data lake so that teams can collaborate and work efficiently.
Moreover, enterprises such as Topgolf, Capital One, and F5 are active clients of Observe. It helps them to analyze business data for performance marketing. Observe new Project Hubble helps users to scale over one petabyte of data with the latest approach of GenAI for Co-Pilot and OpenAI.
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