In the Media

Denodo Technologies on Wednesday revealed that it received a $336 million equity investment from TPG Growth, funds the data management vendor plans to use to fuel R&D efforts and global expansion.

Palo Alto merkezli veri yönetimi sağlayıcısı Denodo, Seri B turda TPG Growth'tan 336 milyon dolar yatırım aldı. Söz konusu işlem, 2017 yılında Denodo yatırımcısı olan özel sermaye şirketi HGGC'nin öz sermaye finansmanını ve ikincil hisse satışını içeriyor. Şirketler, HGGC'nin Seri B'nin ardından önemli bir paydaş olarak kalacağını belirtiyor.

Alternative asset management firm TPG has agreed to invest $336 million in the Series B funding round of Denodo, a US-based data integration, management and delivery platform.

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.