Startup Funding Alert: Automated data integration provider Fivetran raises $100M at $1.2B valuation

#automation #dataintegration #dataanalytics #fundingalert #startupfunding #startups #unicorns #unicornclub

Fivetran , a Bengaluru-based company in automated data integration with headquarters in Silicon Valley, has raised $100 million in Series C funding, led by Andreessen Horowitz (a16z) and General Catalyst, with participation from existing investors CEAS Investments and Matrix Partners.

Fivetran claims to solve a key problem faced by companies today - centralising data for analysis without wasting engineering resources on building and maintaining individual connectors.

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[Funding alert] Automated data integration provider Fivetran raises $100M at $1.2B valuation

Fivetra​ n,​ a Bengaluru-based company in automated data integration with headquarters in Silicon Valley, has raised $100 million in Series C funding, led by Andreessen Horowitz (a16z) and General Catalyst, with participation from existing investors CEAS Investments and Matrix Partners. Trevor Oelschig, Managing Director at General Catalyst Growth, will join the Fivetran board.

Startup Funding Alert: Byju's becomes third decacorn from India with latest fundraise

#edtech #decacorn #india #startupindia

Edtech firm BYJU'S has finally entered the decacorn club after raising an undisclosed sum from a global technology investment firm Bond Capital at an estimated valuation of $10.5 billion.

While the company was reportedly in talks to rake in around $400 million in the new financing round, the company has secured today an undisclosed amount from Mary Meeker’s VC firm, said a Business Insider report.

The latest investment for the Bengaluru-based company has come within three months after it had secured $200 million from New York-based existing backer General Atlantic at a valuation of nearly $8.2 billion. In 2020, it has managed to raise over $400 million in the ongoing round.

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Byju's becomes third decacorn from India with latest fundraise

Byju's has finally entered the decacorn club after raising an undisclosed sum from a global technology investment firm-BOND at a valuation of $10.5 billion.