Fundz

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

PRIVATEDec 16, 2021

Amount Raised

$140 Million

Round Type

Series B

Chapel HillInformation TechnologySoftwareData And Analytics

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.

Quick answer

C Data raised $140 Million in a Series B round, dated December 16, 2021. C Data is based in Chapel Hill, North Carolina, United States.

How much did C Data raise?
C Data raised $140 Million in a Series B round on December 16, 2021.
What does C Data do?
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..
Where is C Data based and how big is it?
C Data is based in Chapel Hill, North Carolina, United States.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Software around the same time

Companies in the same sectors as C Data that raised within 45 days of this round, from Fundz verified event records.

  • I Mocha raised $14M (Series A) on January 27, 2022.
  • PQShield raised $20M (Funding Round) on January 26, 2022.
  • Neo4j raised an undisclosed amount (Funding Round) on January 25, 2022.
  • SparkCognition raised $123M (Series D) on January 25, 2022.
  • Ridge raised $22M (Funding Round) on January 25, 2022.
  • Addionics raised $27M (Series A) on January 25, 2022.

Who to call at C Data, and when

A new round usually means C Data is about to hire and buy. The teams that reach out first get the meeting.

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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.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

C Data raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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