Cloud-based integration software company SnapLogic today announced a funding round of $40 million.
The San Mateo, California-based company helps integrate and transfer data between different cloud applications.
SnapLogic has attracted over 700 customers — Adobe, Box, Groupon, Target, and Verizon are but a few that pay for the software. The usage-based pricing model starts at $10,000 a month and depends on the number of applications and data sources the customers connect.
Founded in 2006, SnapLogic has raised a total of $136.3 million to date and has 225 employees.
Source: VentureBeat (7 Dec)
