San Mateo-Based SnapLogic Lands $2.3M, Names Co-Founder as New CEO

San Mateo, Calif. -- SnapLogic, the San Mateo-based developer of an open-source data integration platform, said on Thursday that it has raised $2.3 million in its first round of funding, and also named company co-founder Gaurav Dhillon as its CEO. Investors included Andreessen Horowitz, Maples Investments, Google engineering vice president Brian McClendon and Vast chairman and Epinions co-founder Naval Ravikant. The company said that it will use the new funds to continue development of its DataFlow platform for on-demand data integration. Leading the way will be Dhillon, a founder and the former CEO of data integration firm Informatica. Dhillon co-founded SnapLogic in 2006, provided seed capital and served as the company's chairman since its inception.
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