Fivetran Raises $565M in Series D; to Acquire HVR
Summary
Fivetran, which has raised $730m to date and is now valued at $5.6 billion, also entered into a definitive agreement to acquire HVR, a provider of enterprise data replication technology led by Anthony Brooks-Williams, CEO. The acquisition — a cash and stock deal valued at $700m — strengthens Fivetran’s market position as one of the data integration leaders for all industries and all customer types. HVR’s customers will have access to Fivetran’s broad range of pre-built, fully managed data connectors and transformation capabilities. Led by George Fraser, CEO, Fivetran is an automated data integration company that delivers ready-to-use connectors that automatically adapt as schemas and APIs change. The Fivetran customer roster includes thousands of global companies such as ASICS, Autodesk, BJ’s Restaurants, Conagra Brands, DocuSign, Forever 21, Lionsgate, Square and Ziff Davis.
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