It is an initiative that allows you to collect all your data in one place. CData Softwareannounced that it received a new investment. According to the information provided by CData Software, the initiative $350 million investment took.
CData Software’s $350 million investment, US-based Warburg PincusIt took place under the leadership of . Apart from Warburg Pincus, the investment tour was also attended by companies that are among the important players of the investment ecosystem. Accel and existing investors of the company Updata Partners also participated.
As a reminder, CData Software last received $140 million in the B series investment round led by Updata Partners in 2021. With the new investment of 350 million dollars received, the total investment received by the startup to date is exceeded 500 million dollars.
Although no official information is shared about the current valuation of CData Software, according to sources close to the company, the valuation is 800 million dollars levels. According to the information provided by CData Software, the new investment will be used for product development activities and opening up to new markets.
in 2016 Amit Sharma Founded in the USA by CData Software, it offers data-oriented solutions. Nowadays, companies obtain data from many different sources. Organizing and managing this data from a single point can become a big problem for companies. CData Software comes into play at this point, allowing companies to manage data obtained from different sources in real time on a single platform. Among the customers of CData Software, which has more than 7 thousand customers, Office Depot, Holiday Inn ve FedEx There are also important brands such as.
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