Venture Capital

Fivetran Raises $100M To Accelerate Growth As Automated Data Integration Leader

by vcaonline.com posted 8months ago 20 views
OAKLAND, Calif., June 30, 2020-- 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.

In this article