SnapLogic Raises $20 Million in Series C Venture Funding Led by Ignition Partners
Summary
SAN FRANCISCO, CA--(Marketwire - Sep 19, 2012) - SnapLogic, the leader in enterprise cloud integration, today announced it has closed a $20 million Series C funding round led by new investor Ignition Partners, joined by Triangle Peak Partners and existing investors Andreessen Horowitz. SnapLogic counts some of the worlds most successful enterprises as its customers, including the U.S. federal government and top industry leaders in multimedia game publishing, industrial goods, network broadcasting, consumer electronics retailing, casual dining and Internet radio. Were excited to support SnapLogic in creating a new generation of integration by bringing the scale and flexibility of the cloud together with the power and sophistication of enterprise applications." SnapLogic has now raised a total of $32.5 million from Andreessen Horowitz, Maples Investments, Hit Forge, Triangle Peak Partners and angel investors. "Gaurav pioneered this industry years ago with Informatica, and is reinventing it today with SnapLogics innovative cloud architecture and the ability to containerize all kinds of data through its ubiquitous Snaps."
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