[Funding News] e6data Raises $10 Mn Series A Funding Round from Accel

e6data, an enterprise software provider, has secured $10 million in a Series A funding round that was headed by Accel and included Beenext.

e6data has introduced a sophisticated compute engine for data intelligence platforms that is designed to increase the return on investment (ROI) of existing infrastructures in order to navigate costly AI solutions. Data migration, application migration, or outage are not necessary for the operation.

e6data has already secured customers from Fortune 500 enterprises and high-growth companies, and it is anticipated that the demand for compute-intensive operations will lead to explosive growth.

Vishnu Vasanth, Co-founder and CEO, e6data, said: “This rapid increase has made data intelligence platforms the second largest IT spending category—behind only cloud spend for operational systems and application infrastructure,"

About e6data

Founded in 2020 by Vishnu Vasanth, e6data is designed for data analysts, data scientists, and data engineers to get the best performance from their data infrastructure.

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