# Rivery Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rivery-technologies

- Industry: Software
- Headquarters: New York, US
- Website: www.rivery.io
- Total disclosed funding: $51M
- Latest round: Series B (May 25, 2022)
- Investors on record: 3

## About

Founded in 2017 and based in New York, US, Rivery Technologies LTD. operates as a cloud-based SaaS DataOps platform. The company was co-founded by CEO Itamar Ben Hemo, CTO Aviv Noy, Head of System Architecture Alon Reznik, and Nimrod Madar. In December 2024, Boomi, Inc., a portfolio company of Francisco Partners and TPG, acquired Rivery Technologies LTD. from Entree Capital and State of Mind Ventures for approximately USD 100 million in a mix of cash and stock.

Rivery is a SaaS DataOps platform that gives companies control over their organizational data through the ingestion, transformation, and orchestration of data processes. Rivery's innovative approach to DataOps and data management incorporates automation and actionable logic into the traditional data ETL/ELT (extract, transform, and load) processes. The company's deployment and centralized data management, coupled with its features such as the ability to create and replicate data models via ready-built kits. Rivery also allows companies to create custom data connections that run alongside standard data pipelines.

The 2024 acquisition aims to strengthen Boomi, Inc.'s position in the integration and automation market and enhance its solution offerings with Rivery Technologies LTD.'s low-code Change Data Capture and Extract, Load, and Transform technology.

## Funding rounds

- Series B, May 25, 2022, $30M — Tiger Global Management, Entree Capital, State of Mind Ventures
- Series A, Mar 30, 2021, $16M — Entree Capital, State of Mind Ventures
- Seed, Nov 29, 2019, $5M — State of Mind Ventures

## Investors

- State of Mind Ventures (https://capitalatlas.ai/funds/state-of-mind-ventures) — Seed, Series A, Series B
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
