Forbes exclusive: The $5.6 billion internet plumbers
Blog post from Fivetran
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.
No tracked trend matches for this post yet.
Use this post, company, and trend context to find content marketing opportunities, perform competitive analysis, or address product feature gaps via the Plushcap MCP server or the Plushcap API.