Airbyte, the well-funded open source data integration platform, today announced it has acquired Grouparoo, an open source startup focused on helping businesses sync data between their data warehouses and cloud-based tools. In many ways, this complements Airbyte’s offering, which focuses on loading data into data warehouses, while Grouparoo then specializes in operationalizing that data.
“It’s an open source reverse ETL [extract, transform, load] company,” said Airbyte co-founder and CEO Michel Tricot. “They are aiming exactly the other way [from Airbyte]† They have a very strong engineering team and they’ve already built some of the product and it’s about how we can leverage everything they’ve done and get them on the team to expand the Airbyte reverse ETL product.”
Tricot emphasized that Aribyte isn’t buying the product here so much as the expertise of the team. “We don’t integrate their technology,” he said. “It’s more about the knowledge they have and the experience they have.” Tricot also noted that the Grouparoo team has always focused on making its service accessible to a non-technical audience, which is something Airbyte has also long focused on (although it also offers a command-line tool for technical users who also want more flexibility). want) . He specifically shouted that he hopes the team can help Airbyte build UI tools to create the connectors it needs to connect to more third-party services.
Grouparoo CEO and co-founder Brian Leonard opted for a slightly more down-to-earth tone in his announcement today.
“Thank you to our users and investors for your continued support,” he wrote. “Grouparoo certainly had some early believers and users who saw what we were trying to achieve. They implemented Grouparoo in their infrastructure or in our cloud, and some even built their own plugins to extend the platform. But when we really looked at it, we weren’t on the right track to have the impact we wanted to have in the world.”
However, he noted that he believes Airbyte is on the right track, in part because virtually every business today needs to extract data and load it into their warehouses if they want to operationalize it.
“By aligning with the engineers responsible for this core task, Airbyte has flourished. By being further up the value chain with a more diverse set of stakeholders, Grouparoo saw less demand,” Leonard wrote.
The two companies did not disclose the price of the acquisition. Grouparoo previously raised approximately $3 million in a seed round led by Eniac Venture and Fuel Capital in late 2020.