US data management and analytics company Fivetran is to double employee numbers in the Republic once again after raising a further $100 million in a move that confirms it as a tech unicorn. The company previously announced plans to double headcount locally from 22 people when it announced its Series B round last September. It currently employs 42 people in Dublin with plans to have increased this to 75 by the end of 2020. The Oakland-based tech company has been growing rapidly with new customer growth rising by more than 75 per cent in the 12 months to the end of February. Clients also reported expanding their use of Fivetran by 150 per cent with rows of data managed growing from 500 billion to nearly 1.3 trillion.

Source: The Irish Times June 30, 2020 12:56 UTC