Rivery Raises $16 Million Series A Funding to Expand SaaS DataOps Platform

Rivery, provider of a DataOps platform, has raised $16 million in a new financing round led by Entree Capital and existing investor State Of Mind Ventures (SOMV).

Rivery is a SaaS DataOps platform that aims to give companies control over their organizational information through the ingestion, transformation, and orchestration of data processes. Since launching in 2019, Rivery says, the company has grown rapidly, adding hundreds of customers and seeing significant traction, 500% growth with enterprise companies, including Bayer, American Cancer Society, WalkMe, Entravision and Preqin.  

The new funding round will be used to accelerate growth across business and R&D teams. The company says it plans to triple in size globally, currently there are 60 open positions to be filled in 2021.

Rivery’s approach to DataOps and data management incorporates automation and actionable logic into the traditional data ETL/ELT processes. Rivery’s quick deployment and centralized data management, coupled with its features such as the ability to instantly create and replicate data models via ready-built kits. Rivery also empowers companies to create custom data connections that run alongside standard out-of-the box data pipelines saving significant time and cost for both deployment and ongoing use.

Rivery is a Premier Technology Partners with Snowflake as well as having partnerships with Microsoft Azure, Amazon’s AWS, Google Cloud, Looker Analytics, and Tableau. Additionally, dozens of services and consulting partners deploy Rivery to help their—clients migrate their data to the cloud and manage their complete data operations from a single platform.

“This new round of funding is an exciting milestone forRivery, and validation that the massive cloud data industry is looking for a centralized DataOps platform,” said Itamar Ben Hemo, co-founder and CEO of Rivery. “The Rivery DataOps platform is empowering companies to centralize, control, automate, and orchestrate all of their data flowsin the cloud.”  

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