Salesforce Ventures took part in a round that valued the cloud data analytics platform at $12.4bn, pushing its overall funding past $1.3bn.
US-based data analysis software provider Snowflake secured $479m today in a series G round co-led by enterprise software producer Salesforce’s corporate venturing arm, Salesforce Ventures, and investment firm Dragoneer.
The round was backed by Altimeter Capital, Redpoint Ventures, Sequoia Capital, Iconiq Capital, Madrona Venture Group and Sutter Hill Ventures.
Founded in 2012, Snowflake has created a cloud-based platform that allows users to search for data from both their own internal applications and cloud services providers. It also enables users to…
