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
Explore More
Related Acquisitions
-
Warburg Pincus Invests $100M in Matera
July 17, 2024
Cloud & SaaS
Warburg Pincus has made a $100 million growth investment in Matera to fund the Brazilian banking software provider’s expansion into North America and to accelerate product development. Matera, a provider of core banking, instant payments and QR code payment solutions used by more than 250 financial institutions, reported $77 million of revenue in 2023 and has a team of over 1,000 professionals.
-
CData Software Acquires Data Virtuality
April 4, 2024
Data & Analytics
CData Software, a provider of data connectivity solutions, has acquired Data Virtuality, a Germany-based provider of data virtualization and integration software. The acquisition brings enterprise-grade data virtualization capabilities into CData's product suite, enabling customers to combine data replication and live data access across on-premises, cloud, and hybrid environments.
-
Warburg Pincus Invests in Bloomerang to Accelerate Integrated Giving Platform
February 8, 2024
Cloud & SaaS
Bloomerang, an Indianapolis-based donor, volunteer, and fundraising management software provider, received a strategic growth investment from Warburg Pincus to accelerate development of a fully integrated giving platform. The investment complements existing backer JMI Equity and follows Bloomerang’s recent acquisitions of Qgiv and InitLive as the company scales its product and customer base (now serving ~23,000 nonprofits).
-
Warburg Pincus Leads $130M Growth Investment in Conexiom
September 28, 2021
Cloud & SaaS
Conexiom, a Vancouver-based SaaS provider of order-to-cash and procure-to-pay automation, received a $130 million growth investment led by Warburg Pincus. Existing investors Luminate Capital (which retains a majority stake) and ICONIQ Growth remain investors; the funding will be used to accelerate product investment and expand Conexiom’s platform for manufacturers and distributors.
-
Warburg Pincus Invests Approximately $200M in Indecomm Digital Services
August 13, 2019
IT Services
An affiliate of Warburg Pincus committed approximately $200 million to Indecomm Digital Services, a Scottsdale-headquartered product engineering and digital experience services company. The growth investment will support Indecomm's global expansion, strengthen R&D capabilities, and accelerate organic and inorganic growth.
-
Warburg Pincus Leads $47.5M Growth Investment in BriteCore
July 15, 2019
Cloud & SaaS
BriteCore, a cloud-native core software provider for property & casualty insurers, received $47.5 million of growth capital led by Warburg Pincus with participation from existing investors Radian Capital and WCF Mutual Insurance Company. The funding will be used to accelerate product development, expand the team of insurance industry experts, and support customer growth.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.