AAA SnapLogic integrates $40m series F

SnapLogic integrates $40m series F

SnapLogic, a US-based platform that connects cloud-based applications backed by software company Microsoft, raised $40m in series F funding yesterday in a round led by Vitruvian Partners.

The round also included Andreessen Horowitz, Capital One, Ignition Partners, NextEquity Partners and Triangle Peak Partners.

Established in 2006 as Brown Fox Software, SnapLogic’s software enables businesses to access a vast array of local and cloud-based applications through a unified interface.

The latest cash injection will go towards an expansion of the company’s sales, marketing and customer service activities.

SnapLogic has now raised a total of $136.3m. Microsoft took part in a $37.5m series E round in December 2015 alongside Silver Lake Waterman, Andreessen Horowitz, Ignition Partners and Triangle Peak Partners.

Remaining shareholders include H Barton Asset Management, Pharus Capital Management, Floodgate, Dhillon Capital, Maples Investments, Naval Ravikant, co-founder of investment platform AngelList, and Brian McClendon, then a vice-president at conglomerate Alphabet.

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