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Data Integration Startup Fivetran Raises Us$565 Million At Us$5.6 Billion Valuation - Cna

by channelnewsasia.com posted 4weeks ago 11 views
Fivetran, a data integration startup, said on Monday it had raised US$565 million in its latest funding round led by venture capital firm Andreessen Horowitz, bringing the company's total valuation to US$5.6 billion. The California-based company also announced it was buying HVR in a cash-and-stock deal valued at US$700 million. HVR, which provides enterprise data replication services, helps to duplicate data from platforms such as Oracle and SAP to cloud destinations like Amazon.com Inc's AWS and Microsoft's Azure.

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