• Cloud data warehouse company Snowflake Computing raises $450 million at $3.5 billion valuation

    10 days ago - By Venture Beat

    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 Snowfla...
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  • Snowflake scoops up another blizzard of cash with $450 million round

    Snowflake scoops up another blizzard of cash with $450 million round

    10 days ago - By Tech Crunch

    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 an unexpected level of growth led them to seek additional cash.
    Sequoia Capital led the round, joined by new investor Meritech Capital and existing investors Altimeter Capital, Capital One Growth Ventures, Madrona Venture Group, Redpoint Ventures, Sutter Hill...
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