Press Release: Fivetran Catches the Cloud Swell, Raises $15 Million

Fivetran, a company that centralizes data for businesses and enables cloud-first Snowflake, BigQuery, Looker, and more, has raised $15 million in Series A funding. The round was led by Matrix Partners, with general partner Ilya Sukhar joining the company's board of directors. Fivetran tripled its revenue in the past year and currently serves nearly 500 businesses, including Square, WeWork, and Vice Media. Founded in 2012 out of Y Combinator, Fivetran has emerged as a leader in cloud-based data replication services and aims to scale operations and grow the number of available enterprise features and data sources with its Series A funding.