Updata Partners led a $140m Series B funding round in CData Software.

Updata Partners, a private equity firm, led a $140m Series B funding round in CData Software, a provider of cloud connectivity and integration solutions. "Enterprises and ISVs are increasingly recognizing the benefits of CData's unique approach to data connectivity. I'm looking forward to deepening our relationship with the Updata team, who have been instrumental in helping us build a strong foundation for rapid growth. With this investment, we will accelerate the expansion of CData connectivity solutions in the cloud," Amit Sharma, CData Co-Founder and CEO.