ETL company Airbyte raises $5.2M to integrate open source data
Airbyte today announced it has raised $5.2 million in seed funding as part of an effort to make open source tools for managing and integrating data more accessible. The company, which offers an open source extract transform and load (ETL) tool used to create data pipelines, is now seeking to further democratize that process. This includes, for example, building complementary open source tools to govern and secure data, Airbyte cofounder and CEO Michel Tricot told VentureBeat. As of the end of January, more than 600 organizations are using Airbyte ETL tools, including Safegraph, Dribbble, Mercato, GraniteRock, Agridigital, and Cart.com. Itâ€™s not clear what impact the availability of open source ETL tools is having on providers of the rival commercial offerings some organizations have been employing for decades.