Collaborate Disseminate
When Snowflake filed its S-1 ahead of an upcoming IPO yesterday, it wasn’t exactly a shock. The company which raised $1.4 billion had been valued at $12.4 billion in its last private raise in February. CEO Frank Slootman, who had taken over from Bob Muglia in May last year, didn’t hide the fact that going […] Continue reading Industry experts say it’s full speed ahead as Snowflake files S-1
For much of the history of enterprise technology, companies tended to buy from a single vendor because it made managing the entire affair much easier while giving them a “single throat to choke” when something went wrong. On the flip side, it also put customers at the mercy of said vendor — and it wasn’t […] Continue reading Startups are helping cloud infrastructure customers avoid vendor lock-in
Snowflake, the cloud-based data warehouse company, doesn’t tend to do small rounds. On Friday night word leaked out about its latest mega round. This one was for $479 million on a $12.4 billion valuation. That’s triple the company’s previous $3.9 billion valuation from October 2018, and CEO Frank Slootman suggested that the company’s next finance […] Continue reading After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step
When it comes to a cloud success story, Snowflake checks all the boxes. It’s a SaaS product going after industry giants. It has raised bushels of cash and grown extremely rapidly — and the story is continuing to develop for the cloud data lake company. In September, Snowflake’s co-founder and president of product Benoit Dageville […] Continue reading Snowflake co-founder and president of product Benoit Dageville is coming to TC Sessions: Enterprise