Venture Capital
On Tuesday (24 September), Fivetran announced that Andreessen Horowitz led its Series B round, which raised a total of $44m. There was additional participation from existing investors Matrix Partners and CEAS Investments. Andreessen Horowitz general partner, Martin Casado, will join Fivetran’s board of directors following the funding round. While founded and headquartered in California, Fivetran also has offices in Denver, Bangalore and Dublin. Following the funding round, Fivetran says it will use the investment to build on the demand for its technology, advance its automated services to more sources and destinations and scale operations, hiring across each of its locations.

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