Announced
Completed
Financials
Sources
Tags
Private Equity
database
Venture Capital
Software
Cross Border
cloud
Acquisition
Completed
data
Private
Minority
Friendly
United States
computer software
Synopsis
Andreessen Horowitz, a venture capital firm, led a $565m Series D funding round in Fivetran, an automated data integration provider. Additional investors include General Catalyst, CEAS Investments, Matrix Partners, ICONIQ Capital, D1 Capital Partners and Y Combinator. "Fivetran is a critical component of the modern data stack. Without an always-on, accurate, and reliable way to centralize data, global organizations aren’t maximizing the use of data or data infrastructure. Fivetran solves the complex challenge of scaling and automating data integration better than anyone else, and joining forces with HVR will expand Fivetran’s capabilities to address the performance and security requirements of the enterprise and Global 2000. The modern data stack is a paradigm shift for global enterprises – with billions of dollars of revenue at stake – and Fivetran is a foremost catalyst in this shift," Martin Casado, Andreessen Horowitz General Partner.
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