Cloud warehouse vendor Snowflake valued at $12.4bn after funding blizzard

Marian McHugh
clock • 2 min read

Salesforce was leading investor in $479m funding round

Cloud-based data warehouse vendor Snowflake has seen its valuation triple to $12.4bn after raising a cool $479m in its latest funding round. The flurry of investment was led by Salesforces' corp...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
AWS, Google, Microsoft battle over $76bn Q1 cloud market share

Vendor

Here are the exact global cloud market share figures for AWS, Alibaba, Google Cloud, Microsoft and Salesforce for first quarter 2024 as the market increased to $76bn..

clock 07 May 2024 • 5 min read
Salesforce drops $11bn Informatica acquisition pursuit

Vendor

Salesforce has dropped its acquisition plans to buy data management software company Informatica for an estimated $11bn, reports indicate

clock 22 April 2024 • 2 min read
Salesforce may acquire Informatica for more than $11bn: Reports

Vendor

Salesforce’s biggest acquisition was the $28bn purchase of Slack in 2021

clock 16 April 2024 • 5 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Michael Dell: 'Super happy' with partner first for storage

Michael Dell: 'Super happy' with partner first for storage

'Now we’re several quarters in, momentum is continuing to build and we’re super happy with how it’s going,' Michael Dell, Dell Technologies founder, chairman and CEO, told CRN.

clock 17 May 2024 • 5 min read
IBM QRadar acquisition by Palo Alto Networks marks 'sea change' in SIEM market: analyst

IBM QRadar acquisition by Palo Alto Networks marks 'sea change' in SIEM market: analyst

‘This is the biggest concession of a SIEM vendor to an XDR vendor so far,’ writes Forrester’s Allie Mellen

Kyle Alspach
clock 17 May 2024 • 3 min read
Westcon expands Palo Alto partnership to new European markets

Westcon expands Palo Alto partnership to new European markets

The distie will now be able to offer Palo Alto solutions to partners across Finland and the Baltics

clock 16 May 2024 • 1 min read