Fivetran snares $100M Series C on $1.2B valuation for data connectivity solution

Fivetran snares $100M Series C on $1.2B valuation for data connectivity solution

3 years ago
Anonymous $qOHwDUKgAF

https://techcrunch.com/2020/06/30/fivetran-snares-100m-series-c-on-1-2b-valuation-for-data-connectivity-solution/

A big problem for companies these days is finding ways to connect to various data sources to their data repositories, and Fivetran is a startup with a solution to solve that very problem. No surprise then that even during a pandemic, the company announced today that it has raised $100 million Series C on a $1.2 billion valuation.

The company didn’t mess around with top flight firms Andreessen Horowitz and General Catalyst leading the investment with participation from existing investors CEAS Investments and Matrix Partners. Today’s money brings the total raised so far to $163 million, according to the company.