CData Secures $20 Million Series A Investment for Data Connectivity Tools

Source: CData Software on YouTube

CData Software has announced $20 million in Series A funding, according to a press release on the company’s website. The round was led by Updata Partners. The CData funding will enable the company to expand its global presence, introduce new cloud offerings, and hasten the development and rollout of new data connectivity solutions. The company is based in North Carolina and was founded in 2016.

CData Software offers data integration solutions for real-time access to online or on-prem applications, databases and Web APIs. The vendor specializes in providing access to data through established data standards and application platforms such as ODBC, JDBC, ADO.NET, SSIS, BizTalk, and Microsoft Excel. CData Software products are broken down into six categories: driver technologies, enterprise connectors, data visualization, ETL and ELT solutions, OEM and custom drivers, and cloud and API connectivity.

CData partnered with several of the most notable names in data and analytics in 2019. Some of those solution providers include the likes of Infragistics, SAS, DataRobot, Couchbase, Izenda, and Tableau Software. You can learn more about what the company has been up to via its press page.

In a media statement about the news, CData Software CEO Amit Sharma said: “Early last year, we set out to find the right financial partner to help us accelerate our growth plans. We found the Updata team to be a great fit for our culture, our values, and the way we do business. Updata’s focus on B2B software will be a great asset in our path to revolutioniuze data connectivity and fundamentally improve the economics and efficiency of enterprise information flow.”

Learn more about CData Software’s products here.