^ Brier, Elisabeth Cai, Kenrick Jeans, David Melton, Monica (September 16, 2020)."Announcing Snowflake on Google Cloud Platform". "Snowflake's cloud data warehouse comes to Microsoft Azure". "Snowflake Takes Aim at Amazon, Hadoop With New Data Service". "Snowflake raises $450 million in another VC round, valued at $3.5 billion". ^ a b Dignan, Larry (October 22, 2018)."Longtime Microsoft Executive Opens Cloud Database Start-Up". ![]() "Snowflake offers cloud data warehouse as a service, cheaply". Snowflake announced it would acquire privacy-focused search startup Neeva in May 2023. Then on October 17, 2022, the company announced an investment in advanced TV advertising firm OpenAP. On March 2, 2022, the company acquired Streamlit for $800 million. On May 26, 2021, the company announced that it would become headquarterless, with a principal executive office located in Bozeman, Montana. On September 16, 2020, Snowflake became a public company via an initial public offering (IPO) raising $3.4 billion, one of the largest software IPOs and the largest to double on its first day of trading. At that time, it had 3,400 active customers. On February 7, 2020, the company raised another $479 million. In September 2019, it was ranked first on LinkedIn's 2019 U.S. In June 2019, the company launched Snowflake Data Exchange. In May 2019, Frank Slootman, the retired former CEO of ServiceNow, joined Snowflake as its CEO and Michael Scarpelli, the former CFO of ServiceNow joined the company as CFO. In October 2018, it raised another $450 million in a round led by Sequoia Capital, raising its valuation to $3.5 billion. In January 2018, the company announced a $263 million financing round at a $1.5 billion valuation, making it a unicorn. It raised another $100 million in April 2017. In June 2015, the company raised an additional $45 million and launched its first product, its cloud data warehouse, to the public. In October 2014, it raised $26 million and came out of stealth mode, being used by 80 organizations. In June 2014, the company appointed former Microsoft executive Bob Muglia as CEO. The company's first CEO was Mike Speiser, a venture capitalist at Sutter Hill Ventures. Dageville and Cruanes previously worked as data architects at Oracle Corporation Żukowski was a co-founder of the Dutch start-up Vectorwise. was founded in July 2012 in San Mateo, California by three data warehousing experts: Benoît Dageville, Thierry Cruanes and Marcin Żukowski. The company's initial public offering raised $3.4 billion in September 2020, one of the largest software IPOs in history. The company was ranked first on the Forbes Cloud 100 in 2019. ![]() It has run on Amazon S3 since 2014, on Microsoft Azure since 2018 and on the Google Cloud Platform since 2019. Snowflake services main features are separation of storage and compute, on-the-fly scalable compute, data sharing, data cloning, and third-party tools support in order to scale with its enterprise customers. It allows corporate users to store and analyze data using cloud-based hardware and software. ![]() The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service". It was founded in July 2012 and was publicly launched in October 2014 after two years in stealth mode. is a cloud computing–based data cloud company based in Bozeman, Montana.
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