Thursday, September 20, 2012

Enterprise Cloud Integration Company SnapLogic Raises $20M From Ignition, Andreessen Horowitz

snaplogicSnapLogic, a company that helps enterprises integrate their cloud environments with on-premise solutions, has raised $20 million Series C funding round led by Ignition Partners, joined by Triangle Peak Partners and existing investor Andreessen Horowitz. To date, SnapLogic has raised a total of $32.5 million from Andreessen Horowitz, Maples Investments, Hit Forge, Triangle Peak Partners and angel investors. Frank Artale of Ignition Partners will join SnapLogic?s board of directors, which includes Andreessen Horowitz's Ben Horowitz. As companies adopt new cloud and SaaS applications, SnapLogic helps them integrate the cloud quickly while also ensuring interoperability across a complex range of on-premise legacy applications. Organizations can connect any combination of applications or data sources.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NMJXG_ni0wU/

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