SnapLogic, a San Mateo, CA-based application and data integration technology developer, raised $165 million in a round of funding that follows what the company describes as a year of robust revenue growth.
The round was led by Sixth Street Growth, which will join the company’s board.
Company: SnapLogic, Inc.
Raised: $165.0M
Round:
Funding Month: December 2021
Lead Investors: Sixth Street Growth
Additional Investors:
Company Website: https://www.snaplogic.com/
Software Category: AI-powered Integration Platform as a Service
About the Company: SnapLogic, founded in 2006 and based in San Mateo, Calif., offers the SnapLogic Intelligent Integration Platform, an AI-powered Integration Platform as a Service for connecting cloud data sources on-premises applications, and SaaS applications. The software helps organizations automate common workflows and business processes. The SnapLogic platform is now processing 2.7 trillion customer documents per month, customers include Adobe, Aramark, Drax, and Magellan Health.
Source: https://www.crn.com/news/applications-os/snaplogic-raises-165m-in-funding-boosts-valuation-to-1-billion