Snowflake Raises $600 million Secondary

Company profile · AI & Machine Learning · Updated June 1, 2021

Snowflake has raised $600M in Secondary funding led by Various. Cloud data warehouse and AI analytics platform. The funds will be used to Build Snowpark AI platform and expand to data sharing marketplace.

Secondary$600 millionTotal tracked $600 millionBozeman, MT

What it does

Cloud data warehouse and AI analytics platform. This addresses build Snowpark AI platform and expand to data sharing marketplace.

Traction

Build Snowpark AI platform and expand to data sharing marketplace. The company is using its latest financing to scale, with the Secondary round serving as the clearest current traction signal in the source bundle.

Trend impact

Build Snowpark AI platform and expand to data sharing marketplace. As adoption in AI & Machine Learning expands, focused products from Snowflake can pressure incumbents or broader platforms that do not address the same problem directly.

Funding history

June 1, 2021 · Secondary · $600 million · Various

Products & services

Sigma Doubles ARR in 12 Months as Markets Shift from Dashboards to AI- capability
Powered Workflows - Business Wire. Sigma Doubles ARR in 12 Months as capability
Markets Shift from Dashboards to AI-Powered Workflows - Business Wire capability
Engines - TradingView. Amplitude CFO Touts Statsig Deal, AI Agents as capability
Growth Engines - TradingView capability

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