SnapLogic, a San Mateo, CA-based cloud integration company, has raised $10m in Series B funding. The round was led by Andreessen Horowitz.
In conjunction with the funding, Ben Horowitz has joined the company’s board of directors.
Founded in 2006, SnapLogic intends to use the funds to invest in additional product innovation, grow the sales and marketing organization, and expand into the European market.
Led by Gaurav Dhillon, the company delivers a new model for enterprise integration, bringing together on-premise and cloud-based data. SnapLogic Server, SnapCenter and SnapStore solutions are designed to allow companies to connect any combination of applications while achieving improvements in cost and performance.
In addition, the company has created an online marketplace, the SnapStore, that enables developers, system integrators, and independent software vendors to develop and monetize custom Snaps (SnapLogic Snaps– application-specific connectors), extending the SnapLogic Server’s connectivity and functionality.
FinSMEs
09/12/2010