Fishtown Analytics, a Philadelphia, PA-based provider of an open source analytics engineering tool, raised $29.5M in Series B financing.
The round was led by Sequoia Capital, with participation from existing investors Andreessen Horowitz and Amplify Partners. In conjunction with the funding, Sequoia partner, Matt Miller, will join Fishtown Analytics’ board.
The company intends to use the funds to continue building dbt and the community around it.
Led by Tristan Handy, CEO, Fishtown Analytics provides dbt, an open source analytics engineering tool to 3,000 companies, who use it as a core part of their analytics engineering workflow every week. There are 8,000 analytics engineering professionals in the dbt Slack community; and 490 paying customers orchestrating this workflow with dbt Cloud.
Fishtown Analytics is now an Amazon Select Technology Partner and a Google Cloud Partner while Snowflake has qualified dbt as a Validated Technology, and Fivetran and Census data have recently released major integrations with dbt.