Ignition Partners has led a $20m Series C tranche for California-based enterprise cloud integration company SnapLogic, a round that also saw participation from Triangle Peak Partners and existing investors Andreessen Horowitz.
SnapLogic said it will use the capital to accelerate growth in the enterprise cloud computing space.
SnapLogic, which helps businesses integrate the cloud quickly while also ensuring interoperability across a complex range of on-premise legacy applications, has now raised a total of $32.5m from Andreessen Horowitz, Maples Investments, Hit Forge, Triangle Peak Partners and angel investors.
The company counts some of the world’s most successful enterprises as its customers, including the US federal government and industry leaders in multimedia game publishing, industrial goods, network broadcasting, consumer electronics retailing, casual dining and internet radio.
Frank Artale of Ignition Partners will join SnapLogic’s board of directors, which includes Gaurav Dhillon and Ben Horowitz, co-founder and general partner at Andreessen Horowitz.
“SnapLogic sits at the critical junction of two of the biggest trends in technology today: cloud computing and big data,” said Artale.“No enterprise can fully harness big data without a scalable integration platform that combines data from both its cloud and on-premise applications.”
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