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Fivetran Nears Five Times Its Unicorn Valuation As It Plans Further Growth

by siliconrepublic.com posted 3weeks ago 3 views
The data integration business growing its EMEA HQ in Dublin is set for further expansion following a $5.6bn valuation and key acquisition. Silicon Valley-headquartered Fivetran has announced $565m in Series D funding alongside a deal to acquire HVR. This latest funding round sees the automated data integration provider’s value reach $5.6bn just over a year after it first reached unicorn status. The funding round from new and existing investors included General Catalyst, CEAS Investments and Matrix Partners. Andreessen Horowitz led the round, which also brought in new investors Iconiq Capital, D1 Capital Partners and YC Continuity.

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