The San Diego, California-based company has raised $2.5m from Dhillon’s venture capital firm, Dhillon Capital, and has released the beta code of its Internet data integration offering.
Dhillon founded SnapLogic in 2005, a year after he stepped down from the position of CEO at Informatica to pursue other interests. As well as financing the company, he also serves as chairman.
The company has been established to bring the open source model to data integration, a market to which it is ideally suited, according to co-founder and chief community officer, Mike Pittaro.
Data integration remains a programmer’s problem and the breadth of the connectivity and transformation requirements continue to challenge traditional, closed products, he said. The transparency of open source and the power of its community are ideally suited to solving these problems.
The company is aiming to take the standards and technologies of the Internet and make use of them to create a data integration layer that supports interoperability and reuse without locking users into proprietary formats.
A beta version of the software will be made available today and will be licensed under version 2 of the GNU General Public License.
