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10 Cool Tech Companies That Raised Funding In May 2021

Cybersecurity, big data and next-generation cloud storage management technology developers were among the companies that reported new rounds of funding in May.

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Airbyte

Headquarters: San Francisco

CEO: Michel Tricot

Funding: The $26 million raised in the Series A round closely follows a $5.2 million seed round of funding in March.

Investors: The round was led by Benchmark with participation from 8VC, Accel, SV Angel and YCombinator. Also participating were Shay Bannon, co-founder and CEO of Elastic; Auren Hoffman, co-founder of LiveRamp; and Dev Ittycheria, CEO of MongoDB.

What the company does: Airbyte develops an open-source data integration platform used to move and consolidate data from different sources to databases, data warehouses and data lakes.

CEO Quote: “Benchmark is known for working with modern, agile and disruptive companies. They are the ideal partner to accompany us on our mission to accelerate the modernization of the data stack with Airbyte’s open-source solution.”

 
 
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