San Mateo California based Snowflake is raising $264,494,761.00 in New Equity Investment.
San Mateo, CA – According to filings with the U.S. Securities and Exchange Commission, Snowflake is raising $264,494,761.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Bob Muglia played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Snowflake
Snowflake’s cloud data platform shatters the barriers that have prevented organizations of all sizes from unleashing the true value from their data. More than 2,000 customers deploy Snowflake to advance their businesses beyond what was once possible by deriving all the insights from all their data by all their business users. Snowflake equips organizations with a single, integrated platform that offers the only data warehouse built for the cloud; instant, secure and governed access to their entire network of data; and a core architecture to enable many types of data workloads, including a single platform for developing modern data applications.
To learn more about Snowflake, visit http://www.snowflake.net/
Contact:
Bob Muglia, Chief Executive Officer
844-766-9355
bob@snowflake.net
https://www.linkedin.com/in/bob-muglia-714ba592/
SOURCE: http://www.intelligence360.io
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