Celigo, a San Mateo, Calif.-based Integration Platform as a Service (iPaaS) provider for the mid-market, raised $48m in Series C funding.
The round was led by OMERS Growth Equity and joined by NewSpring Capital.
The company will use the funds to increase its go-to-market capacity and accelerate global expansion.
Led by Jan Arendtsz, founder and CEO, Celigo provides a SaaS based Integration Platform to optimize end-to-end business automation for mid-market companies. The company delivers prebuilt business process automations using embedded business logic. The business logic enables IT and non-IT users alike to use preconfigured settings to impact the behavior of multiple downstream flows to realize the optimal automation of business processes. The business logic was developed using best practice learnings from thousands of customer deployments and tens of thousands of implemented processes.
The platform also allows IT teams to manage business process automations, error handling, compliance with global security and privacy standards, and full reporting and analytics through a central dashboard while giving control of each automated business process to the line of business group that is closest to it.
FinSMEs
08/12/2021