Fishtown Analytics increases $12.9 M Collection A for its open-source analytics design tool

INSUBCONTINENT EXCLUSIVE:
Philadelphia-based Fishtown Analytics, the company behind the popular open-source data engineering tool dbt, today announced that it has
founder and CEO Tristan Handy told me, when I asked him about how the product came to be
forms the basis of this
It allows anyone who can write SQL queries to transform data and then load it into their preferred analytics tools
As such, it sits in-between data warehouses and the tools that load data into them on one end, and specialized analytics tools on the
other.As Casado noted when I talked to him about the investment, data warehouses have now made it affordable for businesses to store all of
their data before it is transformed
Andreessen Horowitz is already invested in Fivetran, which helps businesses move their data into their warehouses, so it makes sense for
a lot of money, even though it has been around for a few years now, except for a small SAFE round from Amplify.But Handy argued that the
company needed this time to prove that it was on to something and build a community
That community now consists of more than 1,700 companies that use the dbt project in some form and over 5,000 people in the dbt Slack
community
Fishtown also now has over 250 dbt Cloud customers and the company signed up a number of big enterprise clients earlier this year
The cost of living is low here and none of us really care to make a quadro-billion dollars, but we do want to answer the question of how do
product, especially its IDE for data analysts, which Handy admitted could use a bit more polish.