dbt Labs

dbt was created by Tristan Handy at Fishtown Analytics, the company that later became dbt Labs. The product began as an open-source transformation tool for analytics engineering.

Fishtown Analytics rebranded to dbt Labs as the company formalized its identity around the dbt product. The change aligned the company name with the rapidly growing open-source project.

dbt Labs raised a large growth round led by Altimeter Capital and Sequoia Capital. The financing was widely reported as a major signal of investor confidence in the company’s category leadership.

dbt Labs launched dbt Cloud enhancements centered on enterprise-scale development, governance, and orchestration. The release reflected the company’s push from open-source project to broader analytics platform.

dbt Labs deepened its partnership ecosystem around major cloud and data warehouse platforms. These alliances helped position dbt as a standard layer in modern data stacks.

dbt Labs and Fivetran announced they had completed a merger, becoming one company. The companies said the combination was intended to build data infrastructure for trusted AI agents.