Rivery, a NYC-based SaaS ELT solution, raised $30m in Series B funding.
The round was led by Tiger Global Management with participation from existing investors State Of Mind Ventures and Entrée Capital.
This financing follows from last year’s A round, bringing the total venture capital raised to date to $48 million. The new funds will help expedite the growth of the company across all teams in New York and Tel Aviv HQ including R&D, Product, and Sales, as well as expanding on EMEA where a London office has been launched to focus on the regional market. In addition, Thibaut Ceyrolle, who founded Snowflake EMEA Division, has joined Rivery’s Board of Executives to lead and define the company’s growth strategy across EMEA.
Led by Itamar Ben Hemo, CEO, Rivery provides a single end-to-end ELT solution which covers key processes to create the optimal data stack: Ingestion, Transformation, Orchestration and Reverse ETL. Teams can choose from the different modules to build their ideal data infrastructure. Its approach to data management incorporates automation and actionable logic into the traditional data ETL/ELT (extract, transform, and load) processes.
Over 300 customers globally, including Bayer, BuzzFeed, and American Cancer Society and EMAAR use Rivery with their data.
FinSMEs
25/05/2022