Celigo, a provider of scalable and “easy-to-implement” integrations that connect cloud-based applications, has secured $8 million in expansion capital from TVC Capital – a San Diego-based growth equity firm focused on investments in and acquisitions of software companies.
Traditional iPaaS vendors require customers to hire third-party developers or systems integrators to build integrations on top of their platform, adding significant cost and complexity to deployments. Celigo is redefining application integration by giving all businesses the freedom to choose between installing pre-built integrations or developing their own integrations using an iPaaS platform.
Celigo solves the business application integration needs of hundreds of customers including Glassdoor, Zenefits, Trulia, Jonathan Adler, American Giant, Alton Lane, Splunk, Lucky Brand, Louisville Slugger, Nautilus, IdeaPaint, Gravity Defyer, among others.
The funding marks Celigo’s first institutional capital since its founding in 2006. Steven J. Hamerslag, Managing Partner of TVC Capital, will join the board of directors for Celigo. The new financing round will be used to expand Celigo’s sales, marketing, product development, and services capabilities.
“We live in a best-of-breed world where a typical enterprise has a multitude of SaaS applications that need to be connected. Our mission is to make integrations between these applications as simple, secure and robust as possible,” said Jan Arendtsz, CEO of Celigo. “Coming off record revenue and customer growth in 2015, Celigo is at an inflection point in its history. The funding provides us the opportunity to take our unique model of pre-built integrations backed by a modern iPaaS solution to companies of all sizes, from small businesses to large enterprises.”
Celigo’s cloud application integration solutions currently include:
- SmartConnectors – Pre-built integrations between popular cloud-based applications that can be installed from the integrator.io marketplace without incremental development or IT resources. Highly configurable and customizable, Celigo‘s SmartConnectors integrate such leading SaaS applications as NetSuite, Salesforce, Google Apps, Microsoft Office 365, Zendesk, Atlassian, Shopify, and Amazon.
- io – An iPaaS that provides both business and technical users with an intuitive user interface to integrate anything with anything. This iPaaS is optimized for integrating modern cloud-based applications, especially those that support a REST-based interface or similar. Additionally, third-party application developers and SaaS vendors can develop SmartConnectors using the integrator.io platform and share them in the integrator.io Marketplace.
“We saw a tremendous opportunity to partner with Celigo in expanding its market leadership and exceptional reputation to the broader SaaS ecosystem,” said Mr. Hamerslag, Managing Partner of TVC Capital. “Celigo’s unparalleled reputation amongst NetSuite (N) customers is an asset that can be credibly leveraged within the Salesforce (CRM), Workday (WDAY), and other major SaaS market segments.”