$165M to Lead the Enterprise Automation Market
A big week for SnapLogic! Yesterday we announced that SnapLogic has secured $165M in new funding – at a $1B unicorn valuation – to accelerate our momentum and cement our leadership in AI-driven integration and enterprise automation. The team at Sixth Street Growth led the round, and we’re thrilled to partner with them as we step on the gas to continue to power our customers’ success in this dynamic and booming market.
Our CEO wrote a great piece on LinkedIn yesterday where he shared his take on what’s driving the surging enterprise automation market, how SnapLogic’s unbeatable platform is uniquely suited to meet the evolving needs of customers, and why leading global enterprises like Aramark, Emirates, Schneider Electric, Siemens, Workday, and so many more are betting on SnapLogic for their integration and automation needs.
So how will we put these new funds to use? We’re going to go big – look for us to immediately expand into new geographic markets, and significantly ramp up our global sales and marketing organization.
“We’re gearing up to put more boots on the ground in major markets around the world to meet exploding customer demand,” said George Mogannam, CRO at SnapLogic. “We’ve already got a world-class sales team in most US and EMEA markets but look for us to scale up in a big way as we expand our reach and leadership here in the coming months. What’s more, we’re doubling-down on the Asia-Pacific region with immediate hires to our Australia-New Zealand sales team. There’s considerable demand in all of these markets for our platform and these new funds will enable us to start working with new customers and partners immediately.”
SnapLogic CMO Dayle Hall added: “It’s every marketer’s dream – a large and growing market, an unbeatable product, the best customers and partners on the planet – and now, the funding we need to quickly grow our team, scale our ambitions, and help more and more organizations around the world integrate and automate the enterprise. Last week’s incredible Enterprise Automation Summit Y:21, where we heard from dozens of our customers and partners on how they’re using our platform with great success, was just the beginning. We couldn’t be more excited to kick off 2022 with a bigger team, bigger campaigns, bigger events, and so much more as we redefine and lead the enterprise automation market.”
A big thanks to our customers, partners, and employees for helping us get to where we are today. There’s much more to come – we’re just getting started!