# CData Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cdata-software

- Industry: Software
- Headquarters: Chapel Hill, US
- Website: www.cdata.com
- Total disclosed funding: $160M
- Latest round: Series B (Dec 7, 2021)
- Investors on record: 1

## About

CData Software, Inc. is a U.S.-based company specializing in real-time data connectivity solutions, offering products that enable seamless integration and access to diverse data sources for businesses across various industries.Founded in 2020, CData Software, Inc. operates from Chapel Hill, US, providing innovative data connectivity solutions. The company's founder, Gent Hito, has a history in technology ventures. CData has closed 3 deals, with the latest being a GROWTH round on June 26, 2024, raising USD 350.00 mn led by Warburg Pincus, alongside Accel and returning investor Updata Partners. The total amount raised by the firm stands at USD 350.00 mn.CData Software focuses on real-time data connectivity solutions with an extensive range of products that facilitate data integration and access. Their core offering, the CData Connectivity Platform, supports live data access across on-premise and cloud environments, connecting over 300 data sources through ODBC, JDBC, and ADO.NET connectors. Key products include CData Sync and CData Connect, which automate data workflows for organizations, serving over 10,000 clients in diverse sectors such as retail, hospitality, and analytics across North America, Europe, and Asia-Pacific.CData Software earns revenue primarily through subscription-based models and B2B partnerships, where clients engage in annual or multi-year subscription agreements for services like CData Sync and CData Connect. The tiered pricing structure is based on data source quantity, data volume, and service features. This model offers tailored solutions while ensuring a predictable revenue stream, with notable customers including Office Depot and Holiday Inn Club Vacations, indicating strong demand for their services.Following the recent GROWTH funding of USD 350.00 mn raised on June 26, 2024, CData Software plans to utilize the investment to build advanced data integration solutions and expand operations. The company aims to enhance its product offerings and improve its go-to-market strategy. Specific targets include launching new products and entering additional geographic markets as part of its expansion strategy.

## Funding rounds

- Series B, Dec 7, 2021, $139M — Updata Partners
- Series A, Mar 23, 2020, $20M — Updata Partners

## Investors

- Updata Partners (https://capitalatlas.ai/funds/updata-partners) — Series A, Series B