Fivetran raises Series D led by Andreessen Horowitz

New and existing investors put $565m to work into Fivetran, which is now valued at $5.6bn.

Oakland, California-based Fivetran, a provider of automated data integration, has raised $565 million in Series D funding. Andreessen Horowitz led the round with participation from existing investors General Catalyst, CEAS Investments, Matrix Partners and others, along with new investors ICONIQ Capital, D1 Capital Partners and YC Continuity.

Fivetran has raised $730 million to date. The company is now valued at $5.6 billion.

Separately, the company said it has agreed to acquire HVR, a provider of enterprise data replication technology.

Source: Press release