Warburg Pincus Leads ~$350M Growth Investment in CData Software
June 26, 2024
CData Software received approximately $350 million in growth capital led by Warburg Pincus with participation from Accel to accelerate product development, operations, and go-to-market as demand for data connectivity rises. Existing investor Updata Partners will remain a significant investor; CData will continue expanding its data integration and virtualization capabilities following its acquisition of Data Virtuality.
- Buyers
- Warburg Pincus, Accel
- Targets
- CData Software
- Industry
- Data & Analytics
- Location
- North Carolina, United States
- Transaction Type
- Growth capital
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