Tech Company Financing Transactions
Snowflake Funding Round
On 10/22/2014, Snowflake announced $26 million in financing from Redpoint Ventures, Sutter Hill Ventures and Wing Venture Capital.
Transaction Overview
Company Name
Announced On
10/22/2014
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Undisclosed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Publicly-held
Industry
Software
Mailing Address
450 Concar Dr.
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Website
Email Address
Overview
The Snowflake (Nasdaq: SNOW) 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.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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