SnapLogic announces record Q3 results

SAN MATEO, USA:Enterprise cloud integration company  SnapLogic has announced that it achieved record revenue in the third quarter, closing its second seven figure subscription transaction and expanding into new partner ecosystems including Amazon Redshift, ServiceNow, Splunk and Zuora.

Company momentum was driven by increased cloud application adoption in the enterprise and the need for organizations to address two primary use cases: real-time application integration, both cloud to cloud and cloud to on-premise; and better business intelligence as organizations of all sizes move away from traditional approaches to data warehousing and adopt more modern analytics and big data strategies.

According to Gaurav Dhillon, CEO and founder of SnapLogic: "We are excited about our continued momentum in the market, but even more excited about the business value we're providing to our customers as they modernize their information infrastructures."

"CIOs are increasingly looking to modern technologies to address the growing data challenges of the cloud, social and mobile era We are thrilled with our continued momentum in the market and growing list of customers who are no longer willing to accept last generation's approaches to today's data management challenges."

Customer transactions in SnapLogic's record quarter include Bloomin' Brands, Dannon, Fox Sports Interactive, Pearson Publishing, IPC Media and Tableau. The company also signed a seven figure subscription with a grocery chain to address two use cases: replace legacy integration technology with pre-built intelligent connectors, called Snaps, for Microsoft Dynamics DAX, RedPrairie, and Active Directory; and a financial services management project with Snaps for SOAP, REST, and other technologies and applications. Other highlights from the quarter include: