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Rivery Raises $30 Million for ELT Platform


Itamar Ben Hemo, CEO of Rivery

Rivery, an Israeli startup that offers a Software as a Service SaaS ELT platform, has raised another $30 million in a Series B round of funding led by Tiger Global Management. The raise comes a little over a year after Rivery brought in $16 million in a Series A round of funding, giving the company a total of $48 million raised to date.

ELT refers to Extract, Load and Transform. This is a data integration process in which raw data from a source server is moved over to a data system like a data warehouse or data lake. The data is then prepared for the downstream users, meaning all of the people who will need to have access to it.

So, what is DataOps anyway?

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Well, Datameer explains that DataOps is an emerging new process in the data analytics world that applies DevOps concepts to data management for analytics. To downstream analytics and data science teams, DataOps promises to deliver the speed, efficiency, quality, and production of data delivery for their analytics needs.

This is not to be confused with DevOps, which, according to Amazon, is the combination of cultural philosophies, practices, and tools that increases an organization’s ability to deliver applications and services at high velocity: evolving and improving products at a faster pace than organizations using traditional software development and infrastructure management processes.

Founded in 2017, 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. Rivery’s boasts that it has the capacity to orchestrate and unlock data value is built on its ability to democratize the task across business and data teams, making data expertise a company-wide passion, and ultimately driving successful data strategies. Leading companies, including Bayer, BuzzFeed, and American Cancer Society and EMAAR trust Rivery with their data.

Itamar Ben Hemo, CEO of Rivery said, “Companies have to scale faster than ever before, which means data teams need to achieve more with less. By offering a fully SaaS end-to-end solution as the core to their data stack, Rivery plays a pivotal role to provide unlimited scalability. This funding is a great milestone that will help us grow our global presence, making Rivery a de-facto tool that empowers businesses to unlock the unlimited power of their data.”



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