CData scores $350M as data integration needs surge in the age of AI
What is the focus of VentureBeat Transform 2024?
VentureBeat Transform 2024 is an exclusive conference focusing on enterprise leaders sharing practical generative AI case studies and application stories6. The event aims to help enterprises integrate AI applications and innovate, providing high-quality networking opportunities with 80% of the audience being enterprise decision-makers.
What recent funding did CData secure and from whom?
CData secured $350 million in growth funding from Warburg Pincus and Accel1. This funding will help CData accelerate its investments in building innovative data integration solutions for customers.
What future plans does CData have for its growth and products?
CData plans to use the $350 million growth funding from Warburg Pincus and Accel to accelerate its work, allowing engineers and business users to access and integrate data from any source or system. The company aims to increase investments in operations, go-to-market strategy, and product development, expanding its connectors to more enterprises and simplifying data integration for modern AI initiatives.