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Cloud Data Warehouse Company Snowflake Computing Raises $450 Million At $3.5B Valuation

by venturebeat.com posted 8months ago 46 views
Cloud data warehouse company Snowflake Computing has raised a whopping $450 million in a round of growth funding led by Sequoia Capital, with participation from Madrona Venture Group, Redpoint Ventures, Altimeter Capital, Capital One Growth Ventures, Sutter Hill Ventures, Wing Ventures, and Meritech Capital. Founded in 2012, San Mateo-based Snowflake sells database software that runs on Amazon Web Services (AWS) and, as of a few months back, Microsoft Azure. Its core raison d’être is a repository for holding and querying data, making it available for processing and analyzing by myriad applications.

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