
Data connectivity software provider CData has raised approximately $350 million in a funding round led by Warburg Pincus, according to sources. The funding values the company at over $800 million. CData, which aids organizations in utilizing data across applications and building AI models, expects to reach $100 million in annual recurring revenue by the end of 2024. The capital will be used to enhance CData's data connectivity solutions.
CData Secures $350M to Enhance Data Connectivity Solutions #AI #artificialintelligence #CData #Investment #llm #machinelearning https://t.co/Z9CLezJujd https://t.co/2ghe1Pl7Gj
CData raises $350M in growth capital to enhance data connectivity solutions https://t.co/X9w7ldaWKJ
CData, which helps orgs use data across apps and to build AI models, snaps up $350M: https://t.co/ebRLAWPfjs by TechCrunch #infosec #cybersecurity #technology #news




