SnowFlake's valuation hits $70bn following IPO flurry

Tom Wright
clock • 1 min read

Cloud vendor Snowflake saw its share price more than double on its opening day of trading, making it the most successful software IPO ever. The data warehousing firm saw its valuation rocket to ...

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
Snowflake to open new UK office citing 'strong momentum across EMEA'

Vendor

The new office is part of wider expansion plans in the UK market

clock 11 May 2023 • 2 min read

Vendor

Salesforce was leading investor in $479m funding round

clock 10 February 2020 • 2 min read

Credit and Finance

Snowflake raises $450m to boost engineering and sales capabilities

clock 11 October 2018 • 2 min read

Sign up to our newsletter

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

More on Finance and M&A

MSP acquirer Evergreen buys second UK business with Digital Origins

MSP acquirer Evergreen buys second UK business with Digital Origins

The deal marks Evergreen's second expansion into the UK MSP market

Kelsey Rees
clock 08 April 2024 • 2 min read
Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

“We will revolutionise the way customers leverage data to connect and protect their organisation as we power the AI revolution”

Mark Haranas
clock 19 March 2024 • 6 min read
Jonathan Simnett: Should you let private equity invest in your channel business?

Jonathan Simnett: Should you let private equity invest in your channel business?

Jonathan Simnett, UK director at M&A consultancy Hampleton Partners, explores the impact of private equity on channel companies and their teams

Jonathan Simnett
clock 18 March 2024 • 5 min read