Announced
Completed
Financials
Sources
Tags
automation
Friendly
Private Equity
Completed
United States
Single Bidder
Domestic
Minority
Private
Venture Capital
Auto Technology
Acquisition
Synopsis
Sixth Street, an investment firm, led a $165m funding round in SnapLogic, a company specializing in enterprise automation. “The enterprise automation market is booming, and our latest funding is further validation of our growing momentum and product leadership in that space. Unlike point-to-point players, our focus on the enterprise will unlock the power of applications, data, and APIs. In the post-pandemic era, our customers will use AI and automation to revolutionize their hybrid workforces. With SnapLogic, hybrid- and multi-cloud enterprises can ensure their massive investments in public and private clouds, SaaS, cloud data warehousing, and APIs will pay off," Gaurav Dhillon, SnapLogic CEO.
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