Data integration giant Fivetran raises $565M and acquires HVR

Data integration giant Fivetran raises $565M and acquires HVR


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Fivetran, a information integration platform significant enterprises can use to “extract, change, and load” (ETL) knowledge from myriad resources into their info warehouse, has elevated $565 million in a collection D round of funding at a $5.6 billion valuation. The Oakland, California-dependent organization also introduced programs to acquire HVR, which specializes in facts replication for enterprises.

Knowledge replication is the notion of storing duplicates of the very same information in distinct destinations, serving to strengthen details availability, accessibility, and resilience. By bringing HVR below its wing, Fivetran claimed it will be very well-positioned to offer “modern analytics for the world’s most organization-essential info without the need of compromising security, effectiveness, or simplicity of use,” according to a press launch.

Earlier mentioned: HVR in motion

Information stack

For context, the modern-day company info stack contains various elements. This features knowledge ingestion applications these types of as Fivetran, which firms like Square and DocuSign use to move data out of SaaS apps, databases, and occasion logs and pool within cloud-centered warehouses these as Snowflake and Google’s BigQuery to derive insights that would not be probable in their first knowledge silos. For case in point, a product sales team may well have data unfold across CRM, marketing, client assistance, and solution analytics. Combining all this details in a centralized repository (i.e. a knowledge warehouse) makes it probable to query this data collectively and location purchaser purchasing trends.

Launched in 2012, Fivetran experienced previously raised all-around $165 million, and its clean dollars injection could help fund its HVR acquisition — the offer quantities to about $700 million, constituting a mixture of money and stock. It also comes just a couple months soon after Fivetran introduced its 1st acquisition, when it acquired databases replication platform Teleport Facts.

When the HVR offer closes, Fivetran claimed its shoppers will get obtain to HVR’s different facts replication products, together with its “change knowledge capture” (CDC) giving that allows enterprises to replicate details in actual time. This includes mechanically identifying changes to the source details and synchronizing these alterations across devices.

Fivetran’s sequence D spherical was led by Andreessen Horowitz, with participation from Standard Catalyst, CEAS Investments, Matrix Companions, Iconiq Money, D1 Cash Companions, and YC Continuity.

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