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SAN MATEO, CA -- (Marketwire) -- 01/08/13 -- SnapLogic, the leader in enterprise cloud integration, accomplished significant milestones in 2012, including raising $20 million in Series C funding, tripling enterprise customers, and releasing several product innovations. Enterprises globally are adopting SnapLogic as their standard for integrating enterprise business applications both on-premises and in the cloud.
"SnapLogic is entering a new phase of growth in 2013, and our vision of seamlessly and robustly integrating enterprise applications and business processes in the cloud has come to fruition," said Gaurav Dhillon, chairman and CEO of SnapLogic. "Global 2000 companies have recognized SnapLogic's value as both an on-ramp to the cloud and the fastest and most productive way to integrate complex webs of SaaS and on-premises applications."
"It's gratifying to see enterprise CIOs embrace SnapLogic in their new roles as Chief Innovation Officers. These new CIOs and their teams are successfully orchestrating petabytes of business data seamlessly across hybrid environments by utilizing our powerful, cloud-centric integration technology as the engine that drives their innovation," continued Dhillon.
Over the course of 2012, SnapLogic continuously added new capabilities to its enterprise cloud integration platform. Customers can now leverage more enterprise-class features, such as high availability and rollback support, smarter server shutdown options, and a more intuitive interface for administrative tasks.
In addition, SnapLogic's powerful integration designer enhancements and new real-time performance monitoring features give users instant insight into the health of their integrations, so they can tune system performance and conduct real-time debugging to eliminate bottlenecks.
Other improvements this year included several new core components for managing large data sets, richer documentation content, and enhanced data security inside and outside the corporate firewall.
In 2012, SnapLogic surpassed 150 Snaps in its SnapStore, which is an open marketplace of intelligent data connectors. New Snaps are available for applications like Apptio, Amazon S3, Concur, Google Apps, Netezza, Microsoft Dynamics, PGP, Responsys, Splunk, ServiceNow, VMware vCenter and Yammer. In addition, key enhancements to the Salesforce.com Snap include Bulk API support and a SOQL wizard.
Customer Wins and New Partnerships
In 2012, SnapLogic delivered 300% year-over-year growth, counting some of the world's most successful enterprises as new customers, including Bloomin' Brands, a global restaurant chain with 90,000 employees and 1,200 locations across brands like Outback Steakhouse.
SnapLogic forged new partnerships throughout the software industry, helping enterprises easily connect key cloud and on-premises applications together. In 2012, SnapLogic collaborated with software companies like Anaplan, Apptio, Birst, Netezza, RevStream, ServiceNow, Splunk, SumoLogic and Zuora, and with system integrators like Accenture, Deloitte, NTT Data, Persistent Systems, Wipro, CloudTP and Zuna.
SnapLogic closed a $20 million Series C funding round this year led by new investor Ignition Partners, and joined by Triangle Peak Partners and existing investors Andreessen Horowitz.
The company formed a CIO Advisory Board, gaining valuable expertise from veteran CIOs who are helping SnapLogic uncover data-related trends in cloud computing and providing counsel regarding the company's technology direction and economic model.
In 2012, the company also added new leadership talent, including Andrea Eubanks De Jounge as vice president of marketing. In addition, J. Christopher Wagner and Marco Massenzio were promoted to CTO and vice president of engineering, respectively, rounding out a stellar technology leadership team. Chris, "the cloud guy," was previously a key technical leader at Cisco, Network Appliance and Silicon Graphics, Inc. And prior to SnapLogic, Marco led Google's engineering efforts around the delivery and operation of massively scalable distributed systems.
SnapLogic was selected as a DataWeek Top Innovator in the fall, after joining the list of 2012's Top 100 Data Innovators earlier in the year. SnapLogic was chosen by esteemed judges and online voters as DataWeek's best platform/API, one of over a dozen categories highlighting the most innovative areas of the data industry.
SnapLogic also won the Best Cloud Platform award at the 3rd Annual Cloud Computing World Forum this year, where the SnapLogic Integration Platform was selected from over 250 applicants in the annual Cloud Computing World Series.
About SnapLogic SnapLogic is the leader in enterprise cloud integration, transforming how companies integrate business applications on-premise and in the cloud. With the award-winning SnapLogic Integration Platform, organizations can easily and securely connect a variety of applications or data sources together, while achieving radically better performance and faster implementations than with traditional integration technologies. SnapLogic offers a scalable enterprise integration hub, a browser-based drag and drop visual designer, and a rich library of connectors (called Snaps).
Based in San Mateo, Calif., SnapLogic's products are used by prominent companies in the Global 2000. SnapLogic is funded by leading venture investors, including Andreessen Horowitz and Ignition Partners. For more information, call +1.888.494.1570 or visit www.snaplogic.com.
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