The Deck We Used to Raise our $150M Series-B
In December 2021, Airbyte raised a $150 million Series-B funding round led by Altimeter and Coatue, valuing the company at $1.5 billion. The company decided to raise funds earlier than planned due to its ambitious growth plans for 2022, which included increasing team size from 30 to 200 members, expanding from 16k deployments to 100k, and growing from 150 connectors to 500 high-quality ones. The funding will help boost recruitment efforts and brand perception, enabling Airbyte to reach its next milestones faster.
Company
Airbyte
Date published
Jan. 12, 2022
Author(s)
John Lafleur
Word count
3410
Hacker News points
3
Language
English