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Synopsis
Warburg Pincus, a global growth investor, completed the $350m investment in CData Software, a data connectivity solutions provider, with participation from Accel, a venture capital firm. “Today marks a significant milestone for CData. Since our founding, CData has continually raised the bar with our innovative solutions, enabling companies to seamlessly connect to data wherever it resides. Data access is at the core of any AI, ML, or advanced analytics strategy, but continues to be a challenging roadblock to innovation for many organizations today,” Amit Sharma, CData Software Co-Founder and CEO.
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