Fivetran raises $565M; buys HVR


Automated data integration company Fivetran has raised a $565 million Series D round. Andreessen Horowitz (a16z) led the investments, with participation from existing investors General Catalyst, CEAS Investments, and Matrix Partners; along with new investors Iconiq Capital, D1 Capital Partners and YC Continuity.

In another development, Fivetran has entered into a definitive agreement to acquire enterprise data replication technology company HVR. The deal is expected to close in early October, subject to customary approvals.

Fivetran has raised $730 million to date. The company is now valued at $5.6 billion.

[Image courtesy: Fivetran]