Cdata Software Raises $140 Million In Series B Funding To Accelerate Growth And Cloud Strategy
Dec 16, 2021•over 3 years ago
Amount Raised
$140 Million
Round Type
series b
Description
CData Software, a leading global provider of cloud connectivity and integration solutions, today announced a $140 million Series B funding round led by Updata Partners, a growth equity investment firm focused on B2B software. The latest investment follows a $20 million Series A funding round by Updata in March 2020, bringing the total funds raised to $160 million.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech