SnapLogic secures $72m in growth funding
Written by Peter Walker
SnapLogic has raised $72 million in growth financing to accelerate global expansion. The new round was led by Arrowroot Capital, joined by Golub Capital and existing investors.
The company’s self-service, artificial intelligence-powered interface enables application integration, data integration, API management and data engineering projects on a single, scalable platform.
It already counts Adobe, AstraZeneca, Bristol-Myers Squibb, Emirates, Schneider Electric, Siemens, Sony and Wendy’s as clients.
“SnapLogic is attacking a huge and surging market opportunity with a uniquely modern and powerful platform,” said Matthew Safaii, founder and managing partner at Arrowroot Capital. “As SnapLogic sets its sights on continued product leadership and global expansion, we look forward to partnering with them to help get their pioneering integration platform into the hands of even more enterprises around the globe.”
Gaurav Dhillon, chief executive at SnapLogic, added: “This latest investment is a testament to the hard work and ongoing support of our customers, partners, and employees around the world.”