Fivetran Raises $100 Million to Accelerate Growth as Automated Data Integration Leader
06/30/20, 1:09 PM
Location
oaklandMoney raised
$100 million
Industry
data and analytics
information technology
software
Fivetran, the leading provider of automated data integration, today announced it has raised $100 million in Series C financing, led by Andreessen Horowitz (a16z) and General Catalyst, with participation from existing investors CEAS Investments and Matrix Partners. Fivetran will use the funding to accelerate global expansion, drive adoption in the enterprise market, and continue building out the depth and breadth of its data connectors. Total fundraising now stands at $163 million with a current valuation of $1.2 billion.
Company Info
Location
oakland, california, united states
Additional Info
Fivetran, a leader in automated data integration, delivers ready-to-use connectors that automatically adapt as schemas and APIs change, ensuring consistent, reliable access to data. Fivetran improves the accuracy of data-driven decisions by continuously synchronizing data from source applications to any destination, allowing analysts to work with the freshest possible data. To accelerate analytics, Fivetran automates in-warehouse transformations and programmatically manages ready-to-query schemas. Fivetran is headquartered in Oakland, California, with offices around the globe. For more information, visit fivetran.com.