HVR

HVR is a data replication software developer that simplifies the movement of large amounts of data. HVR supports functions such as DDL conversions, automatic mapping between source and destination data types, bidirectional or much directional replication. With HVR, the user can replicate data in a heterogeneous environment because the solution supports the most common relational databases.

History

2021: Fivetran bought HVR for $700 million

In mid-September 2021, Fivetran bought the developer of the HVR big data replication solution. A deal worth $700 million will allow Fivetran to provide breakthrough database replication performance along with enterprise-level security to enter the market for upgrading operational data analytics related to ERP systems, Oracle databases, etc.

In addition to buying HVR, the company announced the raising of $565 million, as a result of which Fivetran's valuation reached $5.6 billion. The cost increased by more than 5 times, since after the investment round of series C, when the company raised $100 million, the estimate was $1.2 billion. The last round was led by Andreessen Horowitz with the participation of General Catalyst, CEAS Investments, the Russian fund Ilya Sukharev Matrix Partners, ICONIQ Capital, D1 Capital Partners and YC Continuity.

Fivetran acquired HVR for $700 million

The acquisition of HVR is a major investment for Fivetran, since the amount of the transaction is almost equal to the amount of all funds raised by the company - $730 million (as of September 2021). However, this purchase is expected to give the company an opportunity to quickly expand the market through the purchase of a competitor.

A deal with cash and shares worth $700 million strengthens Fivetran's market position as one of the leaders in data integration for all industries and all types of customers, the company said in a statement.

Fivetran is a startup that provides services for moving data between repositories and cloud data stores.^[1]

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