CData, a startup specializing in data access and connectivity solutions, has secured $350 million in growth funding from Warburg Pincus and Accel. The company aims to address the data integration dilemma faced by many organizations, allowing engineers and business users to access and integrate data from any source or system. CData’s connectivity platform provides purpose-built connectors for both replication and live data access use cases. With the replication approach, the connectors sync data from various databases, apps, APIs, data warehouses, and CRM platforms to feed AI and BI systems. The live connectivity capability enables direct system-to-system access for real-time data analysis and reporting. CData has built a library of over 300 standards-based data connectors used by more than 7,000 global organizations, including major names like Google, Salesforce, and Informatica. The company has also attracted hundreds of data management providers and independent software vendors who embed CData connectors into their platforms. With the increasing demand for AI and data access, CData plans to capitalize on the market opportunity by investing in operations, go-to-market strategy, and product development. The global data integration market is projected to reach $43.38 billion by 2033, driven by the growing volume and variety of data. Notable competitors in this space include HighTouch, Syncari, and Matillion.
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