Enterprise automation startup SnapLogic, situated in San Mateo, California, raised $165 million at a billion-dollar value.
Sixth Street Growth, who will join the SnapLogic board, was the lead investor in this most recent round.
The funds will be used by the company to accelerate its global expansion, product innovation, and sales and marketing.
SnapLogic, led by CEO Gaurav Dhillon, offers a self-service, AI-powered integration platform that enables businesses to link apps and data sources, automate routine business tasks, and generate experiences for clients, partners, and staff.
Numerous multinational corporations, such as Adobe, Aramark, Drax, Emirates, Qualtrics, Magellan Health, Schneider Electric, Siemens, and Workday, as well as thousands of IT and business professionals, work with the organisation.