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In about 13 years in the case, Fivetran Now they will be able to offer their customers to end the final data movement.
Fivetran, which helps enterprises transfer data from various sources to the cloud database, announced on Thursday CensusReference extract, change (ETL) platform that provides information transfer from companies to databases and operating vehicles. The census was founded in 2018 and raised more than $ 80 million from companies, including Sequoia, Andreessen Horowitz and Tigerles.
The terms of the deal were not disclosed but the census was The latter was estimated at $ 630 million in 2022. After the procurement is closed, the entire census team will move to the Fivetran and the census brand will eventually be integrated into the Fivetran platform.
Fivetran co-founder and CEO George Fraser told Techcrunch that he thought for a large number of reasons for the fivetran. For one, customers have been asking the Fivetran for the controversial ETL solution for years.
The company was thinking about preparing a victim so far to build a prototype. However, Fraser said that the Fivetan would be better used to bring a company that he understands this instead.
“From a technical point of view, if you look at the code below [these] Services are in fact very different, “said Fraser.” To do this you have to solve a pretty different problem set. “
Once the fivetran decided to add a reverse ETL, the census was a natural choice, the census was a natural choice, because the two companies shared a lot of customers and two platforms were very similar.
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“People who like the fivetrana will be people who have the census, which are the census, compared to informatics or their own connectors,” Fraser said. “Two products are widely similar to similar philosophical choices and therefore tend to apply to the same customers when you think about synergy.”
Census and Fivetran’s structure teams did not hurt the return. Fraser, YB Combinator’s 2013 Winter Batch period CEO Boris Jabes and Anton Weets and Anton Weets said he met with a census team.
Fraser and his co-founder Taylor Brown, Jabes and Waynshtok, the Password and Account Management System were on the YC program. This was obtained by Logmein in 2014. They all contacted and even talked about census as a concept of concept established by the company.
Now, after a decade, everything comes under a roof.
“We talked about their opinions with the founders of census before starting the society and Taylor [Brown] And when I could end up in a purchase, I joked because of the two things there are many synergies, “he said.