Fivetran Agrees to Acquire HVR, Raises Series D

Fivetran plans to acquire HVR, a leader in enterprise database replication, and has raised $565 million in Series D funding led by Andreesen Horowitz. This acquisition aims to enhance the modern data stack for customers, employees, and partners. HVR's technology focuses on replicating mission-critical databases for large enterprises, while Fivetran specializes in managing complex SaaS tools used by businesses. The combination of both companies will enable easier access to data for various company sizes and types of data sources, aligning with Fivetran's mission to make data access as simple and reliable as electricity.