In the Media

Data virtualization company Denodo bucked the overall tech investment slowdown today with news of a massive $336 million Series B round by a private equity firm.

Denodo – leader nella gestione dei dati – e TPG – società globale di gestione degli asset alternativi – annunciano oggi di aver firmato un accordo definitivo in base al quale TPG Growth, la piattaforma di middle market e growth equity della società, investirà 336 milioni di dollari in azioni privilegiate di Serie B di Denodo.

Private equity firm TPG TPG.O has agreed to invest $336 million in data management company Denodo, in a deal that underscores the dissipating gloom over private market funding that had squeezed several startups last year.

(Reuters) - Private equity firm TPG has agreed to invest $336 million in data management company Denodo, in a deal that underscores the dissipating gloom over private market funding that had squeezed several startups last year.

Denodo recently concluded its global user conference, Denodo DataFest, in the APAC region, bringing together customers, partners, analysts, and subject matter experts in data management across Singapore, South Korea, Thailand, Indonesia, Malaysia, India, and Australia.

Justin Marsico, CDO/Deputy Assistant Commissioner, the U.S. Bureau of Fiscal Service, speaks with Bill Sullivan, VP and General Manager, US Federal at Denodo, in a video interview about the common challenges faced by government and non-government organizations, the difference in approach to data between digital native and legacy companies, and the need to understand the financial operations of the federal government.

In this interview, Angel Viña, CEO at Denodo, emphasised the critical importance of high-quality data in the realm of Generative AI and machine learning. The article draws an analogy between a single cart of perfectly ripe tomatoes being more valuable to a chef than a million carts of spoiled ones, and how this concept applies to data quality in AI.

La democratizzazione dei dati è un vero e proprio obiettivo per tutte quelle aziende che ritengono che ogni dipendente dovrebbe essere in grado di utilizzare e analizzare i dati in modo autonomo. Tuttavia, spesso ci si trova di fronte al timore per cui, se i dati sono disponibili per tutti senza restrizioni, si rischia di perderne il controllo.

Denodo, a leader in data management, announced that it has successfully achieved Google Cloud Ready – Cloud SQL designation. By earning this designation, Denodo demonstrated deep expertise in data integration, management, and delivery of distributed data and has proven that the Denodo Platform enables Cloud SQL customers to tightly integrate and manage their data for advanced analytics, data services, and data science projects on Google Cloud, while overcoming business disruption and data integration challenges.

Bill Sullivan, vice president and general manager of U.S. federal for Denodo, has discussed with David Nelson, chief information and data officer at the Nuclear Regulatory Commission, the importance of vendor collaboration to develop new technologies and capabilities for the agency, CDO Magazine reported.