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Snowflake Inc.

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by Benoît Dageville, Thierry Cruanes and Marcin Żukowski. Dageville and Cruanes previously worked as data architects at
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raising $ 3.4 billion in one of the largest software IPOs and the largest to double on its first day of trading.
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On February 7, 2020, the company raised $ 479 million. At that time, it had 3,400 active customers.
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In January 2018, the company raised $ 263 million at a $ 1.5 billion valuation, making it a
1431:"With huge new $ 450M funding round, Snowflake Computing has now raised almost $ 1 billion" 1157:"Hundreds of Snowflake customer passwords found online are linked to info-stealing malware" 385: 190: 8: 1799: 456:
In October 2022, the company acquired a 5% stake in advanced TV advertising firm OpenAP.
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In June 2015, the company raised $ 45 million. It raised $ 100 million in April 2017.
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In October 2018, Snowflake raised $ 450 million in a round led by
1303:"Hacker Breaches Pharma Giant Bausch Health, Wants to Extort DEA" 512: 28: 1497:"Snowflake IPO surge makes it the priciest tech stock by a mile" 1178:"Advance Auto Parts stolen data for sale after Snowflake attack" 1030:"Snowflake Announces Data Exchange to Break Down Data Barriers" 969: 781: 443: 364:, and processed 4.2 billion daily queries across its platform. 421:
In June 2015, Snowflake launched its first product, its cloud
1372: 1351: 945: 897:"Snowflake offers cloud data warehouse as a service, cheaply" 875:"Snowflake Takes Aim at Amazon, Hadoop With New Data Service" 857: 709: 241: 1793: 1519:"Snowflake, JFrog IPO: Software stocks soar in market debut" 919:"Longtime Microsoft Executive Opens Cloud Database Start-Up" 439:
In June 2019, the company launched Snowflake Data Exchange.
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Magistretti, Bérénice; Novet, Jordan (April 5, 2017).
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as a data provider in the Snowflake Data Marketplace.
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Information technology companies of the United States
1325:"This big data startup is as unique as a snowflake" 1472: 1323: 873: 772:In September 2019, Snowflake was ranked first on 1841: 1581:"CryptoNumerics in its acquisition by Snowflake" 1386: 403:; at that time it was used by 80 organizations. 1885:Companies listed on the New York Stock Exchange 1003: 1001: 986:"Announcing Snowflake on Google Cloud Platform" 998: 531:. In October 2014, it raised $ 26 million. 527:In 2012, Snowflake raised $ 5 million in a 372:Snowflake Inc. was founded in July 2012 in 315:Financials as of January 31, 2024. 1798: 1007: 983: 554:On September 16, 2020, Snowflake became a 302: 27: 1725: 1559:La Monica, Paul R. (September 16, 2020). 1558: 1470: 1237: 1154: 1108: 1106: 958: 956: 915: 767: 1537: 1517:Zara, Christopher (September 16, 2020). 1471:Driebusch, Corrie (September 16, 2020). 1046: 846: 844: 842: 384:. Mike Speiser, a venture capitalist at 1662: 812:U.S. Securities and Exchange Commission 649:AI platform for document understanding 1890:Computer companies established in 2012 1860:American companies established in 2012 1842: 1746: 1704: 1683: 1641: 1620: 1599: 1538:Pressman, Aaron (September 16, 2020). 1474:"Snowflake's Stock Price Soars in IPO" 1449: 1428: 1407: 1365: 1321: 1279: 1196: 1175: 1113:Vanian, Jonathan (February 28, 2024). 1112: 1103: 1088: 1047:Gogineni, Manasa (December 21, 2020). 962: 953: 850: 824: 1344: 1258: 938: 894: 839: 802: 800: 798: 1705:Sharma, Shubham (October 23, 2023). 1663:Ghoshal, Anirban (January 4, 2023). 1516: 1493: 1347:"Cloud data warehouse race heats up" 1133: 1089:Sharma, Shubham (October 17, 2022). 1067: 965:"Snowflake: The AI Force Multiplier" 916:Wingfield, Nick (October 21, 2014). 871: 825:Anders, George (September 4, 2019). 522: 442:In December 2020, the company added 328:, operates a platform that provides 16:Cloud-based data-warehousing company 1747:Hempel, Jessi (September 4, 2019). 1642:Sharma, Shubham (January 4, 2023). 1300: 1197:Culafi, Alexander (June 10, 2024). 779:Snowflake was ranked second on the 776:'s 2019 U.S. list of Top Startups. 470: 463:retired as CEO and was replaced by 13: 1807:Business data for Snowflake Inc.: 1494:Bary, Emily (September 16, 2020). 1322:Vanian, Jonathan (June 23, 2015). 1008:Hesseldahl, Arik (June 23, 2015). 984:Ichhpurani, Kevin (June 4, 2019). 851:Dignan, Larry (October 22, 2018). 808:"US SEC: Form 10-K Snowflake, Inc" 795: 449:In May 2021, the company became a 14: 1911: 1850:2012 establishments in California 1785: 1621:Sharma, Shubham (June 27, 2023). 1259:Grieg, Jonathan (July 11, 2024). 475:In 2024, per an investigation by 1726:Attariyan, Mona (May 22, 2024). 1450:Miller, Ron (February 9, 2020). 1429:Krazit, Tom (October 11, 2018). 1408:Miller, Ron (January 25, 2018). 1238:Whittaker, Zack (May 31, 2024). 1155:Whittaker, Zach (June 5, 2024). 895:Handy, Alex (October 23, 2014). 548:, at a $ 3.5 billion valuation. 268: 267: 248: 247: 228: 227: 208: 207: 185: 184: 1761: 1740: 1719: 1698: 1677: 1656: 1635: 1614: 1593: 1573: 1552: 1531: 1510: 1487: 1464: 1443: 1422: 1401: 1380: 1366:Dignan, Larry (April 5, 2017). 1359: 1345:Brust, Andrew (June 26, 2015). 1338: 1315: 1294: 1273: 1252: 1231: 1227:(Press release). June 10, 2024. 1211: 1190: 1176:Gatlan, Sergiu (June 5, 2024). 1169: 1148: 1127: 1082: 1061: 1040: 1022: 939:Brust, Andrew (July 12, 2018). 872:Bass, Dina (October 21, 2014). 717:Privacy-focused search startup 565: 436:, joined Snowflake as its CEO. 380:; Żukowski was a co-founder of 312:Footnotes / references 1684:Palmer, Annie (May 24, 2023). 1280:Toulas, Bill (July 12, 2024). 977: 932: 909: 888: 865: 818: 1: 1855:2020 initial public offerings 1600:Miller, Ron (March 2, 2022). 1301:Cox, Joseph (July 30, 2024). 788: 1586:Osler, Hoskin & Harcourt 1134:Nast, Condé (June 6, 2024). 963:Taulli, Tom (June 5, 2019). 7: 607:Privacy-protected datasets 481:multi-factor authentication 340:and simultaneous access of 10: 1916: 1068:Levy, Ari (May 26, 2021). 759:AI Observability Platform 694:Data clean room abilities 367: 1895:Data warehousing products 1875:Cloud computing providers 1774:Bessemer Venture Partners 587: 584: 581: 578: 575: 572: 310: 289: 279: 259: 239: 219: 199: 180: 172: 125: 114: 94: 76: 45: 35: 26: 1769:"The Cloud 100 Archives" 1480:The Wall Street Journal 560:initial public offering 414:since 2018, and on the 768:Awards and recognition 487:linked to the UNC5537 459:On February 28, 2024, 82:; 12 years ago 1224:Google Cloud Platform 991:Google Cloud Platform 416:Google Cloud Platform 406:Snowflake has run on 374:San Mateo, California 358:Google Cloud Platform 785:Cloud 100 in 2019. 738:Python capabilities 673:forecasting company 483:were obtained by an 386:Sutter Hill Ventures 451:distributed company 408:Amazon Web Services 350:Amazon Web Services 324:, headquartered in 281:Number of employees 176:Cloud Data Platform 23: 1865:Big data companies 925:The New York Times 501:Advance Auto Parts 432:, formerly CEO of 378:Oracle Corporation 362:Forbes Global 2000 154:Benoît Dageville ( 80:July 23, 2012 21: 1870:Big data products 1183:Bleeping Computer 1032:(Press release). 814:. March 26, 2024. 765: 764: 523:Financing history 465:Sridhar Ramaswamy 348:. It operates on 319: 318: 273:US$ 5.180 billion 253:US$ 8.223 billion 213:US$ −1.09 billion 161:Thierry Cruanes ( 145:Sridhar Ramaswamy 1907: 1802: 1797: 1796: 1794:Official website 1779: 1778: 1765: 1759: 1758: 1744: 1738: 1737: 1723: 1717: 1716: 1702: 1696: 1695: 1681: 1675: 1674: 1660: 1654: 1653: 1639: 1633: 1632: 1618: 1612: 1611: 1597: 1591: 1590: 1589:. July 20, 2020. 1577: 1571: 1570: 1556: 1550: 1549: 1535: 1529: 1528: 1514: 1508: 1507: 1499: 1491: 1485: 1484: 1476: 1468: 1462: 1461: 1447: 1441: 1440: 1426: 1420: 1419: 1405: 1399: 1398: 1384: 1378: 1377: 1363: 1357: 1356: 1342: 1336: 1335: 1327: 1319: 1313: 1312: 1298: 1292: 1291: 1287:BleepingComputer 1277: 1271: 1270: 1256: 1250: 1249: 1235: 1229: 1228: 1215: 1209: 1208: 1194: 1188: 1187: 1173: 1167: 1166: 1152: 1146: 1145: 1131: 1125: 1124: 1110: 1101: 1100: 1086: 1080: 1079: 1065: 1059: 1058: 1044: 1038: 1037: 1026: 1020: 1019: 1005: 996: 995: 994:(Press release). 981: 975: 974: 960: 951: 950: 936: 930: 929: 921: 913: 907: 906: 892: 886: 885: 877: 869: 863: 862: 848: 837: 836: 822: 816: 815: 804: 750: 729: 706: 685: 661: 640: 628:Data-based apps 619: 598: 570: 569: 471:2024 data breach 326:Bozeman, Montana 306: 301: 298: 296: 274: 271: 270: 264: 254: 251: 250: 244: 234: 233:US$ −836 million 231: 230: 214: 211: 210: 202:Operating income 194: 188: 187: 119:Bozeman, Montana 101:Benoît Dageville 90: 88: 83: 31: 24: 20: 1915: 1914: 1910: 1909: 1908: 1906: 1905: 1904: 1880:Cloud databases 1840: 1839: 1836: 1792: 1791: 1788: 1783: 1782: 1767: 1766: 1762: 1745: 1741: 1724: 1720: 1703: 1699: 1682: 1678: 1661: 1657: 1640: 1636: 1619: 1615: 1598: 1594: 1579: 1578: 1574: 1557: 1553: 1536: 1532: 1515: 1511: 1492: 1488: 1469: 1465: 1448: 1444: 1427: 1423: 1406: 1402: 1385: 1381: 1364: 1360: 1343: 1339: 1320: 1316: 1299: 1295: 1278: 1274: 1266:Recorded Future 1257: 1253: 1236: 1232: 1217: 1216: 1212: 1195: 1191: 1174: 1170: 1153: 1149: 1132: 1128: 1111: 1104: 1087: 1083: 1066: 1062: 1045: 1041: 1036:. June 4, 2019. 1028: 1027: 1023: 1006: 999: 982: 978: 961: 954: 937: 933: 914: 910: 893: 889: 870: 866: 849: 840: 823: 819: 806: 805: 796: 791: 770: 601:CryptoNumerics 568: 546:Sequoia Capital 525: 473: 412:Microsoft Azure 410:since 2014, on 370: 354:Microsoft Azure 336:and allows for 334:cloud computing 314: 293: 282: 272: 260: 252: 240: 232: 224: 212: 204: 189: 168: 128: 110: 107:Marcin Żukowski 104:Thierry Cruanes 86: 84: 81: 72: 50: 17: 12: 11: 5: 1913: 1903: 1902: 1897: 1892: 1887: 1882: 1877: 1872: 1867: 1862: 1857: 1852: 1838: 1837: 1835: 1834: 1829: 1824: 1819: 1814: 1808: 1805: 1803: 1787: 1786:External links 1784: 1781: 1780: 1760: 1739: 1733:Snowflake Blog 1718: 1697: 1676: 1655: 1634: 1613: 1592: 1572: 1551: 1530: 1509: 1486: 1463: 1442: 1421: 1400: 1379: 1358: 1337: 1314: 1293: 1272: 1251: 1230: 1210: 1189: 1168: 1147: 1126: 1102: 1081: 1060: 1039: 1021: 997: 976: 952: 931: 908: 887: 881:Bloomberg News 864: 838: 817: 793: 792: 790: 787: 769: 766: 763: 762: 760: 757: 754: 751: 746: 742: 741: 739: 736: 733: 730: 725: 721: 720: 718: 715: 714:$ 185 million 712: 707: 702: 698: 697: 695: 692: 689: 686: 681: 677: 676: 674: 668: 665: 662: 657: 653: 652: 650: 647: 644: 641: 639:September 2022 636: 632: 631: 629: 626: 625:$ 800 million 623: 620: 615: 611: 610: 608: 605: 602: 599: 594: 590: 589: 586: 583: 580: 577: 574: 567: 564: 556:public company 529:Series A round 524: 521: 505:Santander Bank 472: 469: 461:Frank Slootman 430:Frank Slootman 423:data warehouse 395:, formerly of 391:In June 2014, 369: 366: 322:Snowflake Inc. 317: 316: 308: 307: 291: 287: 286: 283: 280: 277: 276: 265: 257: 256: 245: 237: 236: 225: 220: 217: 216: 205: 200: 197: 196: 182: 178: 177: 174: 170: 169: 167: 166: 159: 152: 142: 135:Frank Slootman 131: 129: 126: 123: 122: 116: 112: 111: 109: 108: 105: 102: 98: 96: 92: 91: 78: 74: 73: 71: 70: 64: 53: 51: 46: 43: 42: 37: 33: 32: 22:Snowflake Inc. 15: 9: 6: 4: 3: 2: 1912: 1901: 1898: 1896: 1893: 1891: 1888: 1886: 1883: 1881: 1878: 1876: 1873: 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331: 327: 323: 313: 309: 305: 300: 292: 288: 284: 278: 266: 263: 258: 246: 243: 238: 226: 223: 218: 206: 203: 198: 193:2.806 billion 192: 183: 179: 175: 171: 164: 160: 157: 153: 150: 146: 143: 140: 136: 133: 132: 130: 124: 120: 117: 113: 106: 103: 100: 99: 97: 93: 79: 75: 68: 65: 62: 58: 55: 54: 52: 49: 44: 41: 38: 34: 30: 25: 19: 1772: 1763: 1752: 1742: 1731: 1721: 1710: 1700: 1689: 1679: 1668: 1658: 1647: 1637: 1626: 1616: 1605: 1595: 1584: 1575: 1564: 1554: 1543: 1533: 1524:Fast Company 1522: 1512: 1501: 1489: 1478: 1466: 1455: 1445: 1434: 1424: 1413: 1403: 1392: 1382: 1371: 1361: 1350: 1340: 1329: 1317: 1306: 1296: 1285: 1275: 1264: 1254: 1243: 1233: 1222: 1213: 1202: 1192: 1181: 1171: 1160: 1150: 1139: 1129: 1118: 1094: 1084: 1073: 1063: 1052: 1042: 1024: 1013: 989: 979: 968: 944: 934: 923: 911: 900: 890: 879: 867: 856: 830: 820: 780: 778: 771: 756:Undisclosed 735:Undisclosed 728:October 2023 691:Undisclosed 667:Undisclosed 660:January 2023 646:Undisclosed 604:Undisclosed 566:Acquisitions 553: 550: 543: 536: 533: 526: 497:Ticketmaster 489:threat actor 474: 458: 455: 448: 441: 438: 427: 420: 418:since 2019. 405: 401:stealth mode 390: 371: 330:data storage 321: 320: 311: 285:7,004 (2024) 262:Total equity 242:Total assets 115:Headquarters 67:Russell 1000 36:Company type 18: 1827:SEC filings 1712:VentureBeat 1649:VentureBeat 1628:VentureBeat 1503:MarketWatch 1394:VentureBeat 1096:VentureBeat 1054:VentureBeat 1034:PR Newswire 671:Time series 509:LendingTree 485:infostealer 1844:Categories 1607:TechCrunch 1457:TechCrunch 1415:TechCrunch 1245:TechCrunch 1204:TechTarget 1162:TechCrunch 789:References 622:Streamlit 618:March 2022 434:ServiceNow 393:Bob Muglia 382:Vectorwise 297:.snowflake 222:Net income 127:Key people 87:2012-07-23 1812:Bloomberg 1670:InfoWorld 1308:404 Media 1015:Vox Media 688:LeapYear 597:July 2020 495:affected 397:Microsoft 342:data sets 156:president 69:component 63:(Class A) 48:Traded as 1754:LinkedIn 1436:GeekWire 902:SD Times 832:LinkedIn 774:LinkedIn 749:May 2024 705:May 2023 664:Mist AI 643:Applica 588:Ref(s). 579:Company 513:AT&T 491:group. 477:Mandiant 173:Services 139:chairman 95:Founders 1822:Reuters 1545:Fortune 1331:Fortune 753:TruEra 732:Ponder 558:via an 539:unicorn 368:History 346:latency 290:Website 181:Revenue 85: ( 77:Founded 59::  1832:Yahoo! 1817:Google 970:Forbes 782:Forbes 585:Notes 582:Price 515:, and 444:Knoema 356:, and 275:(2024) 255:(2024) 235:(2024) 215:(2024) 195:(2024) 121:, U.S. 40:Public 1373:ZDNet 1352:ZDNet 1141:WIRED 946:ZDNet 858:ZDNet 710:Neeva 576:Date 1691:CNBC 1120:CNBC 1075:CNBC 332:via 299:.com 191:US$ 61:SNOW 57:NYSE 1566:CNN 295:www 163:CTO 149:CEO 1846:: 1771:. 1751:. 1730:. 1709:. 1688:. 1667:. 1646:. 1625:. 1604:. 1583:. 1563:. 1542:. 1521:. 1500:. 1477:. 1454:. 1433:. 1412:. 1391:. 1370:. 1349:. 1328:. 1305:. 1284:. 1263:. 1242:. 1221:. 1201:. 1180:. 1159:. 1138:. 1117:. 1105:^ 1093:. 1072:. 1051:. 1012:. 1000:^ 988:. 967:. 955:^ 943:. 922:. 899:. 878:. 855:. 841:^ 829:. 810:. 797:^ 745:8 724:7 701:6 680:5 656:4 635:3 614:2 593:1 573:# 541:. 519:. 511:, 507:, 503:, 499:, 467:. 425:. 352:, 1777:. 1757:. 1736:. 1715:. 1694:. 1673:. 1652:. 1631:. 1610:. 1569:. 1548:. 1527:. 1506:. 1483:. 1460:. 1439:. 1418:. 1397:. 1376:. 1355:. 1334:. 1311:. 1290:. 1269:. 1248:. 1207:. 1186:. 1165:. 1144:. 1123:. 1099:. 1078:. 1057:. 1018:. 973:. 949:. 928:. 905:. 884:. 861:. 835:. 165:) 158:) 151:) 147:( 141:) 137:( 89:)

Index


Public
Traded as
NYSE
SNOW
Russell 1000
Bozeman, Montana
Frank Slootman
chairman
Sridhar Ramaswamy
CEO
president
CTO
US$
Operating income
Net income
Total assets
Total equity
www.snowflake.com
Edit this at Wikidata
Bozeman, Montana
data storage
cloud computing
data analysis
data sets
latency
Amazon Web Services
Microsoft Azure
Google Cloud Platform
Forbes Global 2000

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