Celigo announced that it has raised $20 million in Series B funding led by new and existing investors, according to a press release. The venture capital injection brings the company’s total to more than $32 million since its founding in 2011. Celigo will use the new funds to meet demand for its data integration software, expand product development, and extend reach across the globe.
Celigo’s main product is its Integration Platform as a Service product called integrator.io. The solution enables organizations to connect applications, synchronize data, and automate processes. Celigo features an integration wizard that includes an API assistant, visual field mapping interface, and drop-down menus. The tool also offers reusable pre-configured integration templates available on the integrator.io marketplace, allowing users to create their own library of reusable, standalone flows.
The company’s CEO Jan Arendtsz told us in a statement: “Companies of all sizes have been investing in best-of-breed SaaS applications. But adopting the applications alone is not enough – the modern enterprise needs to be a connected enterprise to succeed. So every company that has invested in SaaS apps needs to understand where they stand on the integration maturity scale. There is a place for everyone. Young companies need integration technologies for ad-hoc integration use cases, as mature companies need more complex requirements in a way that both IT and business users can build and maintain integrations.”
Celigo touts a growing customer base that includes some of the world’s most prominent brands, like ServiceMax, J.D. Power, Glassdoor, Crossfit, Wolters Kluwer, Lucky Brand and Vice Media. Celigo was recently named to Gartner’s 2019 Magic Quadrant for Enterprise Integration Platform as a Service. Solutions Review also named the San Mateo-based provider one of The 28 Best Data Integration Software Tools for 2019.
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