202213 Jan

Observable Announces $35.6 Million Series B Funding


SAN FRANCISCO--(BUSINESS WIRE)--Observable, the data collaboration company, today announced it has closed a $35.6 million Series B funding round led by Menlo Ventures. There is no set-up cost or special tooling required; data practitioners simply open any browser and start working immediately from the extensive library of templates or code snippets, or reuse one of the thousands of examples created by the Observable community. “Observable marries data and visual communications to address a huge market need for enterprise-ready software that breaks organizational silos to drive stronger, more strategic, data-driven business decisions. We’re thrilled to back such an incredible team pioneering the next era of collaborative decision making.” “The world is hungry for a better way to communicate using data,” said Jim Goetz, partner at Sequoia. Observable helps teams at more than 150 organizations such as Stitch Fix, Trase, The Washington Post and MIT make better business decisions using data.

Source: Businesswire