Snowflake scoops up another blizzard of cash with $450 million round
When Snowflake, the cloud data warehouse, landed a $263 million investment earlier this year, CEO Bob Muglia speculated that it would be the last money his company would need before an eventual IPO. But just 9 months after that statement, the company announced a second even larger round. This time it’s getting $450 million, as […] Continue reading Snowflake scoops up another blizzard of cash with $450 million round
Snowflake Computing, the company that built a Data Warehouse as a Service cloud solution, announced a $100 million Series D investment led by Iconiq Capital with help from Madrona Venture Group. Early investors Altimeter Capital, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures also participated. Snowflake last raised $45 million in June, 2015. Today’s investment brings the…