Salesforce Ventures will invest another $250m as the data management software provider floated above its range at a valuation just short of $29bn.
US-based data analysis software provider Snowflake is going public today in a $3.36bn initial public offering alongside include a $250m investment by enterprise software producer and existing investor Salesforce.
The company priced 28 million shares at $120.00 each, above a $100 to $110 range that had already been lifted from $75 to $85 a share. It will float on the New York Stock Exchange.
Salesforce subsidiary Salesforce Ventures and investment holding company Berkshire Hathaway are each providing $250m for…
