Rivery, a New York-based SaaS platform that provides a unified solution for ingestion, transformation, orchestration, and data operations, announced that it raised $30 million in Series B funding.

The round was led by Tiger Global Management, with participation from existing investors State Of Mind Ventures and Entrée Capital.

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. 

Company: Rivery Technologies LTD. 

Raised: $30.0M

Round: Series B

Funding Month: May 2022

Lead Investors: Tiger Global Management

Additional Investors: State Of Mind Ventures and Entrée Capital

Company Website: https://rivery.io/

Software Category: SaaS ELT

About the Company: Rivery provides a complete SaaS ELT for organizations that need to scale fast with data, with a solution to build, maintain and automate a modern data stack. The Rivery platform extracts data from any API source, ingests the data into a leading cloud data warehouse, and transforms the data in-database for usage in business intelligence, analytics, and data workflows. Rivery helps companies to unlock data value with a complete SaaS solution suitable for companies that need to scale fast. Used by over 300 customers globally, Rivery's approach to data management is a generational technology leap that incorporates automation and actionable logic into the traditional data ETL/ELT (extract, transform, and load) processes. Some of the world's fastest-growing cloud-native companies including EMAAR, Bayer, Webedia, BuzzFeed, Papaya Global, American Cancer Society, NEXT, and WalkMe use Rivery as the core engine to power their data stack.

Source:https://rivery.io/blog/30m-series-b-funding-tiger-global/ https://www.prnewswire.com/news-releases/rivery-raises-30m-b-round-of-venture-funding-from-tiger-global-301553879.html