Open Source Data Integration Company Closes $26 Million Series A Funding Round Led By Benchmark
May 25, 2021•about 4 years ago
Amount Raised
$26 Million
Round Type
series a
Description
Airbyte, creators of the fastest-growing open source data integration platform, today announced that it has raised more than $26 million in Series A funding led by Benchmark, with participation from additional investors including 8VC, Accel, SV Angel, and YCombinator, as well as Shay Bannon, co-founder and CEO of Elastic, Auren Hoffman, co-founder of LiveRamp, and Dev Ittycheria, CEO of MongoDB. Benchmark General Partner Chetan Puttagunta will also be joining the board of directors. The round follows a seed round in March 2021 of $5.2 million, led by Accel, and brings the total funding to $31.2 million.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech