Tredence Raises $175 Million in Series B Funding from Advent International

Tredence, the Data Science and AI Solutions company, announced it has raised USD 175 million in Series B funding from Advent International (Advent) to accelerate data-fueled growth and AI value realization for industries. Advent is one of the largest and most experienced global private equity investors. The full financial terms of the agreement have not been disclosed. Advent will acquire a minority stake in Tredence with the $175 million investment. Advent has significant investment experience in the technology services and software sectors.