Announced
Synopsis
TPG Growth, a private equity investment firm that focuses on leveraged buyouts and growth capital, agreed to invest $336m in Denodo, a provider of performance and unified access to the range of enterprise, Big Data, cloud and unstructured sources. “We are excited to welcome TPG as an investor in Denodo, as their deep experience investing in innovative, high-growth companies with disruptive technologies is a perfect fit for our company. This funding is a testament to Denodo’s leadership in the data management market and our further growth potential using the logical-first approach, powered by data virtualization. We look forward to leveraging TPG’s deep experience to continue the rapid expansion of our global market share. We are equally thrilled that HGGC will remain an important investor in Denodo and are thankful for their lasting partnership and ongoing commitment,” Angel Viña, Denodo CEO and Founder.
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