DLA Piper advises CData in US$350 million growth capital

DLA Piper advised CData, a leading provider of data connectivity solutions, in receiving approximately US$350 million in growth capital from Warburg Pincus, a leading global growth investor, with participation from Accel, an American venture capital firm.

The funding round will allow CData to accelerate its investments in building data integration solutions for customers, as well as continue its mission of simplifying data connectivity for enterprises, users, and applications by investing in operations, product development, and go-to-market strategy.

The DLA Piper team was led by US Chair and Global Co-Chair of the Private Equity practice Joey Silver (Atlanta) and included partner Jeremy Corcoran (Atlanta) and associates JJ Gotlieb and Shane Plavin (both in Atlanta) and Maria Rydder (New York).

With more than 225 global lawyers who provide strategic counsel to private equity funds and their industry-leading portfolio companies, DLA Piper’s Private Equity practice has the capacity, experience and relationships to help drive value across the investment life cycle by delivering responsive, efficient and integrated solutions around the world. The Private Equity practice is also the #1 most active law firm globally by PitchBook.