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Cdata Software Raises $140 Million In Series B Funding To Accelerate Growth And Cloud Strategy

Dec 16, 2021over 3 years ago

Amount Raised

$140 Million

Round Type

series b

Chapel HillData And AnalyticsInformation TechnologySoftware

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.

Company Information

Company

C Data

Location

Chapel Hill, North Carolina, United States

About

CData Software (www.cdata.com), is a leading provider of data access and connectivity solutions, specializing in the development of standard drivers and data access technologies for real-time access to online or on-premises applications, databases, and web APIs. You can reach the company via email at info@cdata.com, or by calling US: (800) 235-7250 or International: (919) 928-5214.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech