Denodo is receiving a $336 million investment by TPG, underscoring the strength of Denodo’s solutions, growth, and potential in the data management space.
TPG has offices across the Americas, Asia, Europe, and Australia and is currently managing $139 billion in assets.
TPG’s investment in Denodo will help to further strengthen Denodo’s balance sheet and accelerate the company’s market initiatives on a global scale. With more than 300 companies in its portfolio, headquartered across 30 different countries, TPG brings deep expertise in the software business and a long trajectory of researching and building relationships to help drive transformational growth, according to Denodo.
By investing in Denodo at this upward stage of growth, TPG is demonstrating that it has strong confidence in the company’s unique logical-first approach to data management, which simplifies the access and integration of all data assets in the corporate data estate to accelerate and democratize data usage, achieve higher levels of security and regulatory compliance, and dramatically improve operational efficiency, according to Denodo.
TPG also values Denodo’s active and vibrant partner ecosystem comprised of systems integrators and independent software vendors (ISVs). TPG appreciates that Denodo works directly with all major cloud service providers and other key technology players that are defining the future of data.
The addition of TPG as a reference investor establishes an exciting partnership that builds on Denodo’s steady growth, unique positioning in the data management space, and HGGC’s long-standing commitment to support Denodo as a key investor.
For more information about this news, visit www.denodo.com.