Given their positive experience, customers continue to expand their use of Fivetran across their respective organizations, fueling global user adoption to a record number. Thats why we launched Powered by Fivetran a simple framework that allows developers to embed Fivetran data pipelines in their applications and onboard data from customers. Subscriber Benefit. At the heart of our growth is our product: always-available, maintenance-free data pipelines that allow our customers to extract data from any source and centralize it in a modern data warehouse. Our strong business momentum is the result of two simple facts: we provide always-available data pipelines that just work, and we stand by our word to make access to data as simple and reliable as electricity, said George Fraser, CEO of Fivetran. Fivetran was also named a Google Cloud Premier Partner, the highest achievable status reserved for Google Cloud partners, for its continued collaboration with BigQuery. Fivetran, a leader in automated data integration, delivers ready-to-use connectors that automatically adapt as schemas and APIs change, ensuring consistent, reliable access to data. Fivetran's SIC: 73,737 What is Fivetran's NAICS code? But the startup struggled to take off until it pivoted to focus solely on automating data integration, says CEO George Fraser, who co-founded the company with childhood friend and COO Taylor Brown. Given their positive experience, customers continue to expand their use of Fivetran across their respective organizations, fueling global user adoption to a record number. Accolades include the 2020 Best Small & Medium Workplaces and 2021 Best Places to Work in the Bay Area by Great Place to Work and Fortune; Built In 2021 100 Best Places to Work (#1 in Colorado, #11 in the Bay Area); Business Insider Top 100 Startups; 2020 Deloitte Fast 500; 2020 San Francisco Business Times Fastest Growing Companies; and Enterprise Tech 30 for 2020. "At Innive, we provide our customers with a scalable framework for ingesting data from multiple sources, creating a single source of truth that enables better business decision-making. Fivetran delivered several new product enhancements and features over the past year, includingnew enterprise database connectorsfor IBM, SAP and Oracle. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. I'm a Revenue Operations leader with experience leading operations for all of the GTM organizations (Sales, Marketing, Customer Success, Alliances/Partnerships). Get the full list, Youre viewing 5 of 7 board members. Come join us. To accelerate analytics, Fivetran automates in-warehouse transformations and programmatically manages ready-to-query schemas. As a result, companies can focus on putting their data to work instead of figuring out how to find, collect, manage and centralize the data. It is the leading communications link between end users and the vendors, carriers and resellers of telecommunications technology and services. Join the thousands of companies using Fivetran to centralize and transform their data. OAKLAND, Calif., Feb. 24, 2021 Fivetran, a leading automated data integration provider, today announced another year of explosive growth doubling its revenue and customer base, and growing its global team to nearly 500.The Fivetran customer roster includes global companies such as ASICS, Autodesk, BJ's Restaurants, Conagra Brands, DocuSign, Forever 21, Lionsgate, Square, Strava . Fivetran, the leader in automated data integration, delivers ready-to-use connectors that automatically adapt as schemas and APIs change, ensuring consistent, reliable access to data. News By Express Computer On Mar 8, 2022 Fivetran announced another year of substantial growth, extending its market-leading position. Fivetran was also named a Google Cloud Premier Partner, the highest achievable status reserved for Google Cloud partners, for its continued collaboration with BigQuery. Fivetran was also named to the Forbes Cloud 100 and Forbes Next Billion-Dollar Startups list in 2020. Over the past year, Fivetran has been recognized by the leading cloud data warehouse vendors as the top EL provider in the modern data stack ELT architecture. Share this article. Fivetran is headquartered in Oakland, California, with offices around the globe. Investors General Catalyst, CEAS Investments, Andreessen Horowitz, Matrix Partners. Fivetran also added new data centers in these regions as well as in Canada, ensuring locally-delivered pipelines in accordance with its customers best practice data governance principles. Fivetran automates delivery of data to leading cloud data stores the same way a utility company delivers electricity, by centralizing all of an organizations data even when source systems change, including schema and API changes. Fivetran also added new data centers in these regions and Canada, ensuring locally delivered pipelines in accordance with its customers' best practice data governance principles. For a deeper dive into 2020 product enhancements and company milestones, please visit the Fivetran blog. The company was also recognized by top industry analyst firms, including Gartner, and made its debut in the 2020 Gartner Magic Quadrant for Data Integration Tools. The Fivetran customer roster includes global companies such as ASICS, Autodesk, BJs Restaurants, Conagra Brands, DocuSign, Forever 21, Lionsgate, Square, Strava, Urban Outfitters and Ziff Davis. The recent funding round will also push the companys total raised capital ahead of a major competitor, United Kingdom-based Matillion, which has raised $60 million and offers a more customizable software product. Fivetrans automated data pipelines and large library of connectors have saved us tremendous time and eliminated significant cost.. Fivetran has also been the recipient of numerous awards, recognizing its strong business growth and company culture. The dbt integration allows data analysts and engineers to transform data for immediate use. 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New Delhi - Fivetran, one of the premier names in modern data integration, has announced another year of substantial growth, extending its market-leading position. Understanding the importance of women in data, New and upcoming connectors and data models. 0 selections. 1. Over the past year, Fivetran has been recognized by the leading cloud data warehouse vendors as the top EL provider in the ELT architecture of the modern data stack. FCC proposes five-year rule to clean up dead satellit Total TeleVision meets Russ Sharer at FTTH, CSPs failing to support 5G needs of 99% of worlds businesses, SK Telecom and LG sign MoU to develop 5G cloud robots, ETELMs 4GLinked solution a success at ETSI MCPTT Plugtests. 19-Nov-2020: . Over the last 12 months, Fivetran customers have doubled the total number of connectors that sync data, now totaling more than 30,000 monthly connectors managed by Fivetran. Fivetran was also named to the Forbes Cloud 100 and Forbes Next Billion-Dollar Startups list in 2020. Fivetran dramatically simplifies the process of collecting and preparing data for analytics and data science. For images and additional assets, please visit the Fivetran newsroom. Funding $853M Acquisitions 2 News Key Events Latest News Funding May 18, 2023 BNN Bloomberg Fivetran received $125M in Debt Funding Product Launch Mar 03, 2023 A startup that automates the mind-numbing process of moving a companys data to the cloud is the latest software startup to become a Covid-19 pandemic unicorn. Given their positive experience, customers continue to expand their use of Fivetran across their respective organizations, fueling global user adoption to a record number. The company achieved a $1.2 billion valuation following its $100 million Series C funding in June. Its ever-expanding portfolio of connectors are maintained by a globally distributed team of more than 200 software and customer success engineers available 24/7/365. To put that in perspective, Fivetran manages more than 700,000 schema changes every month events that commonly break legacy ETL pipelines and need to be fixed by a data engineer. We also use third-party cookies that help us analyze and understand how you use this website. Fivetran improves the accuracy of data-driven decisions by continuously synchronizing data from source applications to any destination, allowing analysts to work with the freshest possible data. In November, Databricks saluted Fivetran with the ISV Partners Innovation Award. Automate data integration into your warehouse or data lake. As a cloud data integration service, Fivetran manages its customers' data pipelines, providing instant access to more than 1.5 trillion rows of data every month. For a deeper dive into 2020 product enhancements and company milestones, please visit the Fivetran blog. Fivetran Summary. Fivetran automates delivery of data to leading cloud data stores the same way a utility company delivers electricity, by centralizing all of an organizations data even when source systems change, including schema and API changes. There's no one person responsible for Fivetran's success. The combined rate for the State of Arizona and Maricopa County is 6.3%, so the total tax rate within the City of of Litchfield Park is 11.1% for contracting and 9.1% for retail and restaurants. New Global Data Centers, Partner Expansion and Industry Recognition Add to Annual Milestones. Its automation software effectively works as digital plumbing that can funnel data from in-house repositories, such as Salesforce or Google Ads, to cloud-based storage provided by firms such as Snowflake, BigQuery or RedShift. Fivetran has 5 employees across 9 locations, $163 m in total funding, and $30 m in annual revenue in FY 2021. Global Revenue Operations at . Were committed to ensuring that Fivetran is a great place to work, no matter how much we grow or how fast. Additionally, Fivetran advanced its integration with Databricks, which accelerates time to value for customers by enabling BI on its Delta Lake and Lakehouse architectures. Informatica Ranks as the #1 Data Engineering Vendor, On the Radar: Lightbends Kalix Cloud Native Platform, IEEE Conference on Artificial Intelligence 2023. Fivetran dramatically simplifies the process of collecting and preparing data for analytics and data science. Over the last 12 months, Fivetran customers have doubled the number of connectors they use to sync data, bringing the total number of monthly connectors managed by Fivetran to more than 30,000. Its ever-expanding portfolio of connectors are maintained by a globally distributed team of more than 200 software and customer success engineers available 24/7/365. How Fivetran hit $10.9M Revenue with 2K customers in 2023. Fivetran is the pipeline of the modern data stack that moves data quickly, accurately and cost-effectively to data warehouses and lakes, where it powers analytics across organizations, said Bob Muglia, entrepreneur, former Snowflake CEO and Microsoft president. We also increased our workforce to nearly 500, opening new offices in Germany, France, India and Australia. It makes it easy for organizations of any size to quickly derive value from data, and thats why Fivetran is the ELT leader in the modern data stack.. Fivetran dramatically simplifies the process of collecting and preparing data for analytics and data science. Accolades include the 2020 Best Small & Medium Workplaces and 2021 Best Places to Work in the Bay Area by Great Place to Work and Fortune; Built In 2021 100 Best Places to Work (#1 in Colorado, #11 in the Bay Area); Business Insider Top 100 Startups; 2020 Deloitte Fast 500; 2020 San Francisco Business Times Fastest Growing Companies; and Enterprise Tech 30 for 2020. This is the value of Fivetran delivering accurate, timely data even when source systems change, which ultimately powers analytics teams to make better decisions.. Were also offering 14-day free usage for every new connector you add to your Fivetran account. OAKLAND, Calif.--Fivetran, the leading automated data integration provider, today announced another year of explosive growth doubling its revenue and customer base and growing its global team to nearly 500. Your email address will not be published. The latest funding round brings Fivetrans total raised capital to $163 million, and follows a $44 million series B funding round in September, also led by Andreessen Horowitz. Snowflake Technology Partner of the Year (Top Performer), Amazon Web Services (AWS) Data and Analytics Competency Designation, our debut in the 2020 Gartner Magic Quadrant, #11 Best Places to Work in the Bay Area, 2021, Great Place to Work certification, India, 2021. 2020 also marked a year of enterprise-class infrastructure and reliability upgrades of all Fivetran service offerings. Fivetran was also named to the Forbes Cloud 100 and Forbes Next Billion-Dollar Startups list in 2020. To leverage it efficiently, organizations need to be able to rapidly pivot from gathering data to generating insights. The company also added integration for dbt, the popular open-source analytics engineering tool maintained by Fishtown Analytics. When are you ready for artificial intelligence and machine learning? In 2020, the company received accolades from various partners, including the Snowflake Technology Partner of the Year (Top Performer) award and the Amazon Web Services (AWS) Data and Analytics Competency designation. New Global Data Centers, Partner Expansion and Industry Recognition Add to Annual Milestones. Fivetran Revenue Est. February 24, 2021 New Global Data Centers, Partner Expansion and Industry Recognition Add to Annual Milestones OAKLAND, Calif.-- Fivetran, the leading automated data integration provider, today announced another year of explosive growth doubling its revenue and customer base and growing its global team to nearly 500. To stay competitive in todays digital economy, organizations must be able to quickly and reliably access all their data to make decisions. Fivetran automates delivery of data to leading cloud data stores the same way a utility company delivers electricity, by centralizing all of an organizations data even when source systems change, including schema and API changes. We know that developers want to dedicate their time to creating great digital experiences, not building and maintaining data integrations. In order to keep up with not only the growth in our customer data volumes but also required new data sources, we needed a more modern and scalable data integration solution, said Vivek Chakravarti, senior data architect for Innive. 2020 also marked a year of enterprise-class infrastructure and reliability upgrades of all Fivetran service offerings. Its a thrill to see the positive impact that Fivetran has on our customers, partners and colleagues. Nolan Williams . 2020 also marked a year of enterprise-class infrastructure and reliability upgrades of all Fivetran service offerings. The Fivetran customer roster includes global companies such as ASICS, Autodesk, BJs Restaurants, Conagra Brands, DocuSign, Forever 21, Lionsgate, Square, Strava, Urban Outfitters and Ziff Davis. That brought its total funding to $853.1 million following a Series D venture capital funding round of $565 million in September 2021 and a Series C VC funding round of $100 million in June 2020. Fivetran Doubles Revenue and Customers in 2020. StreetInsider.com Top Tickers, 2/25/2021. 2023 PitchBook. These cookies will be stored in your browser only with your consent. The company also added integration for dbt, the popular open-source analytics engineering tool maintained by Fishtown Analytics. Over the past year, Fivetran has been recognized by the leading cloud data warehouse vendors as the top EL provider in the ELT architecture of the modern data stack. In November, Databricks saluted Fivetran with theISV Partners Innovation Award. Fivetran, the leading automated data integration provider, today announced another year of explosive growth doubling its revenue and customer base and growing its global team to nearly 500.The . The company achieved a $1.2 billion valuation following its $100 million Series C funding in June. In November, Databricks saluted Fivetran with the ISV Partners Innovation Award. Given their positive experience, customers continue to expand their use of Fivetran across their respective organizations, fueling global user adoption to a record number. Fivetran doubles revenue, employees as more businesses move to the cloud - Silicon Valley Business Journal Being the data pipeline to the cloud is good business for this Oaklan startup, really. 2019 Series B. Fivetran raised a Series B of $44M. Additionally, Fivetran advanced its integration with Databricks, which accelerates time to value for customers by enabling BI on its Delta Lake and Lakehouse architectures. Were delighted to see our service commitment translate into an industry-leading 93 percent customer satisfaction rating, along with consistently high marks for our support team. "At Innive, we provide our customers with a scalable framework for ingesting data from multiple sources, creating a single source of truth that enables better business decision-making. 2020 also marked a year of enterprise-class infrastructure and reliability upgrades of all Fivetran service offerings. Fivetran's revenue is $252.1 Million What is Fivetran's SIC code? "At Innive, we provide our customers with a scalable framework for ingesting data from multiple sources, creating a single source of truth that enables better business decision-making. See insights on Fivetran including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Over the last 12 months, Fivetran customers have doubled the number of connectors they use to sync data, bringing the total number of monthly connectors managed by Fivetran to more than 30,000. Our strong business momentum is the result of two simple facts: we provide always-available data pipelines that just work, and we stand by our word to make access to data as simple and reliable as electricity, said George Fraser, CEO of Fivetran. Fivetran onboarded its first customer in 2015, and now has 1,100 including ClassPass, Databricks and DocuSign up 75% for the fiscal year ending in May. Fivetran dramatically simplifies the process of collecting and preparing data for analytics and data science. *dbt Core is a trademark of dbt Labs, Inc. All rights therein are reserved to dbt Labs, Inc. Fivetran Transformations is not a product or service of or endorsed by dbt Labs, Inc. For more information, visit fivetran.com. The dbt integration allows data analysts and engineers to transform data for immediate use. 28-2351 . Fivetran Doubles Revenue and Customers in 2020. This is a profile preview from the PitchBook Platform. In 2020, the company received accolades from various partners, including the Snowflake Technology Partner of the Year (Top Performer) award and the Amazon Web Services (AWS) Data and Analytics Competency designation. Fivetran improves the accuracy of data-driven decisions by continuously synchronizing data from source applications to any destination, allowing analysts to work with the freshest possible data. 2020 Series C. Fivetran raised a Series C of $100M at a $1.1B valuation in June 2020. Advanced. Article. Fivetran has also been the recipient of numerous awards recognizing its strong business growth and company culture. It makes it easy for organizations of any size to quickly deliver value from data, and thats why Fivetran is the ELT leader in the modern data stack.. Additionally, Fivetran advanced its integration with Databricks, which accelerates time to value for customers by enabling BI on its Delta Lake and Lakehouse architectures. In addition, 94 percent of Fivetran customers cited positive or very positive experiences with its support team. . While Fivetrans financial metrics have not skyrocketed during Covid-19 to the extent of some other cloud-based firms that have tripled or better, General Catalysts Oelschig is betting the company is bound for a public offering, though he would not indicate when. Your submission has been received! Fivetran has an annual churn rate of 0.00%. OAKLAND, Calif., Feb. 24, 2021 Fivetran, a leading automated data integration provider, today announced another year of explosive growth doubling its revenue and customer base, and growing its global team to nearly 500. The company was also recognized by top industry analyst firms, including Gartner, and made its debut in the 2020 Gartner Magic Quadrant for Data Integration Tools. We manage more than 700,000 schema changes every month events that often break legacy ETL pipelines and need to be fixed by data engineers. The company achieved a $1.2 billion valuation following its $100 million Series C funding in June. February 24, 2022 06:00 AM Eastern Standard Time. Fivetran automates delivery of data to leading cloud data stores the same way a utility company delivers electricity, by centralizing all of an organizations data even when source systems change including schemas or APIs. The world's largest cryptocurrency exchange, Binance, commingled customer funds with company revenue in 2020 and 2021, in breach of U.S. financial rules that require customer money to be kept . Accolades include: the20 Best Small & Medium Workplaces and2021 Best Places to Work in the Bay Areaby Great Place to Work and Fortune;BuiltIn 2021 100 Best Places to Work(#1 in Colorado; #11 in the Bay Area);Business Insider Top 100 Startups; 2020 Deloitte Fast 500; 2020 SF Business Times Fastest Growing Companies; and Enterprise Tech 30 for 2020. This has been Fivetran's hypergrowth journey since 2018. Fivetran's automated data pipelines and large library of connectors have saved us tremendous time and eliminated significant cost.". It was a big year for product enhancements and features, including new enterprise database connectors for IBM, SAP and Oracle. Fivetran was also named a Google Cloud Premier Partner, the highest achievable status reserved for Google Cloud partners, for its continued collaboration with BigQuery. Fivetran improves the accuracy of data-driven decisions by continuously synchronizing data from source applications to any destination, allowing analysts to work with the freshest possible data. Fivetran delivered several new product enhancements and features over the past year, including new enterprise database connectors for IBM, SAP and Oracle. Fivetran, the leader in automated data integration, delivers ready-to-use connectors that automatically adapt as schemas and APIs change, ensuring consistent, reliable access to data. Round Series C. Amount $100M. As a result of these product and service upgrades in 2020, Fivetran customers experienced world-class support as evidenced by the companys industry-leading 93 percent customer satisfaction rating. To stay competitive in todays digital economy, organizations must be able to quickly and reliably access all their data to make decisions. In addition, 94 percent of Fivetran customers cited positive or very positive experiences with its support team. Its ever-expanding portfolio of connectors are maintained by a globally distributed team of more than 200 software and customer success engineers available 24/7/365. February 24, 2021 06:00 AM Eastern Standard Time OAKLAND, Calif.-- ( BUSINESS WIRE )-- Fivetran, the leading automated data integration provider, today announced another year of explosive growth. Fivetran is the pipeline of the modern data stack that moves data quickly, accurately, and cost-effectively to data warehouses and lakes, where it powers analytics across organizations, said Bob Muglia, entrepreneur, former Snowflake CEO and Microsoft President. View source version on businesswire.com: https://www.businesswire.com/news/home/20210224005379/en/. These cookies do not store any personal information. Required fields are marked *. We added new data centers in those regions and Canada to meet local data governance needs. In 2021, the company acquired HVR and Teleport Data, while more than doubling its revenue and increasing its customer base by 75 percent. Rather than building and maintaining in-house pipelines, our customers can focus their engineering efforts on higher-value projects and maximize their data potential. 2020 was a year of incredible growth and momentum for Fivetran we doubled both our revenue and our customer base. Managing more than one million syncs daily, Fivetran guarantees 99.9 percent data pipeline uptime. Fivetran, the leading automated data integration provider, today announced another year of explosive growth doubling its revenue and customer base and growing its global team to nearly 500. To stay competitive in todays digital economy, organizations must be able to quickly and reliably access all their data to make decisions. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! As a result of these product and service upgrades in 2020, Fivetran customers experienced world-class support, as evidenced by the companys industry-leading 93 percent customer satisfaction rating. . It makes it easy for organizations of any size to quickly derive value from data, and thats why Fivetran is the ELT leader in the modern data stack.. By using Fivetran, we have been able to quickly and easily migrate billions of rows of data from a variety of data sources, including on-premise databases, into a customers cloud data warehouse. Fivetran also added new data centers in these regions and Canada, ensuring locally delivered pipelines in accordance with its customers best practice data governance principles. Snowflake Technology Partner of the Year (Top Performer) award. To better service its customers, Fivetran grew its presence across the globe in 2020, opening new offices in Germany, France, India and Australia. The Fivetran customer roster includes global companies such as ASICS, Autodesk, BJs Restaurants, Conagra Brands, DocuSign, Forever 21, Lionsgate, Square, Strava, Urban Outfitters and Ziff Davis. . In addition, 94 percent of Fivetran customers cited positive or very positive experiences with its support team. The company's platform uses connectors that deploy in minutes and completely replicate applications, databases, events and files, enabling businesses to extract data from different cloud storage and database sources and load it to their data warehouse anytime. Your email address will not be published. Fivetran is headquartered in Oakland, California, with offices around the globe. Additionally, Fivetran advanced its integration with Databricks, which accelerates time to value for customers by enabling BI on its Delta Lake and Lakehouse architectures. The company has also been recognized by top industry analyst firms including Gartner and made its debut in the 2020 Gartner Magic Quadrant for Data Integration Tools. Oops! OAKLAND, Calif.-- ( BUSINESS WIRE )-- Fivetran, the global leader in modern data integration, today announced another year of substantial growth . Fivetran is the pipeline of the modern data stack that moves data quickly, accurately and cost-effectively to data warehouses and lakes, where it powers analytics across organizations, said Bob Muglia, entrepreneur, former Snowflake CEO and Microsoft president. The company, which now employs 350 people, said the fresh capital will allow it to boost sales efforts, build more data connectorsand continue its global expansion; it recently opened offices in Australia and Germany. new enterprise database connectors for IBM, SAP and Oracle. For more information, visit fivetran.com. Given their positive experience, customers continue to expand their use of Fivetran across their respective organizations, fueling global user adoption to a record number.