Snaplogic raises $165 million

Digital transformation platform Snaplogic has raised $165 million of growth funding at a $1 billion valuation in a deal led by Sixth Street Growth. The latest deal more than triples the company's valuation from the previous round in 2019.

Founded in 2006, Snaplogic raised $373 million to date from many prominent investors including Andreessen Horowitz, Capital One, Ignition Partners, Microsoft and others.