Andreessen Horowitz and D1 Capital Investment in $565M Series D Financing of Fivetran

September 20, 2021Client News

Gunderson Dettmer represented clients Andreessen Horowitz and D1 Capital as investors in the $565 million Series D financing of Fivetran, a leading provider of automated data integration. The new capital values Fivetran at $5.6 billion.

In the announcement of the transaction, General Partner at Andreessen Horowitz Martin Casado said, “Fivetran is a critical component of the modern data stack. Without an always-on, accurate, and reliable way to centralize data, global organizations aren’t maximizing the use of data or data infrastructure. Fivetran solves the complex challenge of scaling and automating data integration better than anyone else, and joining forces with HVR will expand Fivetran’s capabilities to address the performance and security requirements of the enterprise and Global 2000. The modern data stack is a paradigm shift for global enterprises – with billions of dollars of revenue at stake – and Fivetran is a foremost catalyst in this shift.”

The Gunderson deal teams were led by Joe Raffetto and Greg Volkmar and included Amy Luong, Alex Lee, and David Behrend.

Andreessen Horowitz
D1 Capital Partners