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Airbyte Secures $26 Million In Series A Funding Round Led By Benchmark

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Airbyte has raised more than $26 million in Series A funding led by Benchmark, with participation from additional investors including 8VC, Accel, SV Angel, and YCombinator, as well as Shay Bannon, co-founder and CEO of Elastic, Auren Hoffman, co-founder of LiveRamp, and Dev Ittycheria, CEO of MongoDB.

Benchmark General Partner Chetan Puttagunta will also be joining the board of directors. The round follows a seed round in March 2021 of $5.2 million, led by Accel, and brings the total funding to $31.2 million.

In four months, the number of Airbyte users has grown 8X to more than 2,000 including Agridigital, Cart.com, Dribbble, DrWolffGroup, GraniteRock, Hey.com, Mercato, Preset, Safegraph, and Token Metrics.

Airbyte is already fostering a community of more than 1,000 users to build and maintain open source connectors that are available to anyone. To date, there are 70 connectors that Airbyte is certifying to ensure they are production ready.

By the end of this year, the company anticipates it will reach 200 connectors, which would be the most pre-built connectors in the market. It recently introduced its Connector Development Kit (CDK) in order to enable its user community to accelerate development and quickly address the long tail of connectors.

The Airbyte connectors run in Docker containers, which means they can be deployed in minutes on any cloud platform. It also enables connectors to be built in any programming language.