Snowflake Computing Secures $26,000,000 New Financing Round

  • Feed Type
  • Date
    10/22/2014
  • Company Name
    Snowflake Computing
  • Mailing Address
    107 S. B Street San Mateo, CA 94401 USA
  • Company Description
    The Snowflake elastic data warehouse is a service designed from the ground up for the cloud. It combines cloud infrastructure with dynamic technology to eliminate the pains of administering and optimizing the data warehouse. Manually managing and installing hardware, configuring and updating software, managing data layout, maintaining indexes, and tuning the system are things of the past. Focus on analyzing data, not on infrastructure.
  • Website
    http://www.snowflake.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $26,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will be used to expand its team to accelerate product development, build out customer and partner ecosystems, and deliver on the vision to reinvent the data warehouse for the cloud.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

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