Forbes exclusive: The $5.6 billion internet plumbers

Fivetran, a company founded by George Fraser and Taylor Brown, has become a $5.6 billion enterprise after its acquisition of competitor HVR for $700 million in August 2021. The deal was made possible through a last-minute fundraising effort that raised $565 million from five investment firms within 72 hours. Fivetran's co-founders, Fraser and Brown, each own about a tenth of the company, putting their net worth at around $500 million each. The company now forecasts $189 million in revenue for this fiscal year, up from $90 million last year. Fivetran's market lead in data pipelines is considered "unassailable" by investor Martin Casado due to its ease of use and complexity behind the scenes.