SnapLogic

SnapLogic is a California-based technology company with an intelligent integration platform which harnesses data from its client's company for business purposes and also integrates data, applications, and application programming interfaces to connect a business. The company was founded in 2006 by Gaurav Dhillon and Mike Pittaro. Its clients include Adobe, Verizon, Aramark, Del Monte, Denny's, and more.

Products

The company's intelligent integration platform allows for clients to integrate technology, such as applications, without using hand-coding integration. The platform enables clients to integrate new and legacy applications, which can be useful for businesses that want to combine their previously-used technology with new technology. It is built to be used for the cloud and is compliant with various privacy agencies and laws, such as Privacy Shield.Its machine-learning based engine uses Iris Artificial Intelligence to suggest end-to-end integration pipelines for users. Tasks that can be accomplished by using SnapLogic's products and solutions include data analytics and customer relationship management.

Funding

Series A

On May 22, 2007 SnapLogic announced raising $2.5 million in series A funding from Dhillon Capital.

Series A II

On October 29, 2009 SnapLogic announced expanding their series A funding round with $2.3 million in funding from Gloodgate, Andreessen Horowitz, Brian McClendon, and Naval Ravikant.

Series B

On October 29, 2010 SnapLogic announced raising $10 million in series B funding from Andreessen Horowitz. At the time of receiving their series B funding SnapLogic also announced Ben Horowitz from Andreessen Horowitz will join the company's board of directors.

Series C

On September 19, 2012 SnapLogic announced raising $20 million in series C funding from Ignition Partners (lead investor), Triangle Peak Partners, and Andreessen Horowitz. The company plans on using their series C funding to expand its marketshare in the enterprise cloud computing industry.

Series C II

On April 2, 2014 SnapLogic announced expanding their series C round with $2 million in funding from Capital One Ventures.

Venture round

On July 22, 2014 SnapLogic announced raising $2 million in venture funding from undisclosed investors.

Series D

On October 21, 2014 SnapLogic announced raising $20 million in series D funding from Ignition Partners (lead investor), Triangle Peak Partners, Pharus Capital Management, H.Barton Asset Management, and Andreessen Horowitz. The company will use their series D funding to hire more employees for sales, marketing, and operations. The managing partner of Ignition Partners, Frank Artale, made the following statements about his firms investment in SnapLogic:

The inescapable shift towards big data infrastructure and cloud applications in the enterprise presents a tremendous opportunity for a new approach to data connectivity and self-service. SnapLogic’s modern approach to data access, shaping and streaming positions the company well to capitalize on a tremendous market opportunity.

Series E

On December 10. 2015 SnapLogic announced raising $37.5 million in series E funding from Silver Lake Waterman (lead investor), Microsoft (lead investor), and NextEquity Partners.

Series F

On December 7, 2016 SnapLogic announced raising $40 million in series F funding from Vitruvian Partners (lead investor), Triangle Peak Partners, NextEquity Partners, Ignition Partners, Capital One, and Andreessen Horowitz.

Series G

On October 2, 2019 SnapLogic announced raising $72 million in series G funding from Arrowroot Capital (lead investor) and Golub Capital. The company plans on using their funding to expand globally. SnapLogic had a pre-money valuation of $260 million and a post-money evaluation of approximately $332 million.