SnapLogic, a startup that helps companies pull in business data, has raised $2.3 million in its first round of institutional funding. It also announced that Gaurav Dhillon, the San Mateo company’s co-founder and chairman, is SnapLogic’s new chief executive.
The company charges subscription fees for its DataFlow technology, and says it can access data from “almost any [software-as-a-service], cloud, or Web computing application,” including sales tools like Salesforce.com and SugarCRM, as well as microblogging service Twitter, creating an easy-to-navigate feed of information. The core platform is open source.
The new funding comes from new venture firm Andreessen Horowitz, Maples Investments, Google vice president Brian McClendon, and Epinions co-founder Naval Ravikant. Dhillon provided SnapLogic’s $2.5 million seed round.
Chris Marino previously served as SnapLogic CEO.