CData Software raises $350 million in Warburg Pincus-led funding

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:Data connectivity solutions provider CData Software said on Wednesday it had raised nearly $350 million in growth equity financing led by U.S.private equity firm Warburg Pincus.

Venture capital firm Accel also participated.

The firm plans to use the cash to accelerate investments in operations, product development and its go-to-market strategy.

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Category: EconomyBusiness

Markets: Singapore

Topics: Funding Connectivity 2024 Cdata Data Growth Equity Software Million Solutions Firm

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 20:03:55 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 240 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21394371

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