{"id":1531,"date":"2018-10-11T14:51:44","date_gmt":"2018-10-11T18:51:44","guid":{"rendered":"https:\/\/solutionsreview.com\/data-management\/?p=1531"},"modified":"2018-10-11T14:52:03","modified_gmt":"2018-10-11T18:52:03","slug":"death-taxes-and-venture-capital-snowflake-raises-another-450-million","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/data-management\/death-taxes-and-venture-capital-snowflake-raises-another-450-million\/","title":{"rendered":"Death, Taxes and Venture Capital: Snowflake Raises Another $450 Million"},"content":{"rendered":"

\"Death,<\/p>\n

Snowflake Computing announced<\/a> that it has secured $450 million in venture capital, its second round<\/a> of the year, with support from new and existing investors. The funding brings Snowflake’s total earned to just under $930 million since its founding in 2012. Market expansion is becoming commonplace for the San Mateo-based data warehouse provider. The announcement comes on the heels of Snowflake announcing availability on Microsoft Azure<\/a> in September.<\/p>\n

Snowflake<\/a>\u00a0has a unique data warehouse as a service offering, and its own SQL data architecture that claims to do more than the alternative. The company\u00a0has made a slew of improvements to its product portfolio recently, including Snowpipe, an automated data loading tool, a cloud data warehouse for the financial services, and a new Sharehouse add-on.<\/p>\n

The funding will help Snowflake expand its multi-cloud strategy so users have options to deploy the data warehouse that makes the most sense for them. The company will also be investing in its data warehouse as a service plans with more resources being pushed to Snowflake’s engineering team. Users can also expect new capabilities inside Snowflake Data Sharing in the months ahead.<\/p>\n

In a statement to Solutions Review, the company’s CEO Bob Muglia said: “Snowflake customers will continue to benefit from the most advanced data warehouse technology on the market. Organizations that want to be data-driven can rely on Snowflake to deliver instant and near-infinite elasticity, secure and governed data sharing in real time and per-second pricing, with all of these benefits across multiple clouds at a fraction of the cost of traditional solutions.”<\/p>\n

Click here<\/a> to learn more.<\/p>\n

<\/div>\n
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Snowflake Computing announced that it has secured $450 million in venture capital, its second round of the year, with support from new and existing investors. The funding brings Snowflake’s total earned to just under $930 million since its founding in 2012. Market expansion is becoming commonplace for the San Mateo-based data warehouse provider. The announcement […]<\/p>\n","protected":false},"author":23,"featured_media":1532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[181],"acf":[],"yoast_head":"\nDeath, Taxes and Venture Capital: Snowflake Raises Another $450 Million<\/title>\n<meta name=\"description\" content=\"Snowflake Computing announced that it has secured $450 million in venture capital with support from new and existing investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/data-management\/death-taxes-and-venture-capital-snowflake-raises-another-450-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Death, Taxes and Venture Capital: Snowflake 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