Capital One has joined a series D round for Snowflake Computing with a $5m commitment, bringing the round to a $105m close.
US-based cloud data storage technology developer Snowflake Computing yesterday closed a $105m series D round following a $5m extension provided by financial services firm Capital One.
The corporate supplied the cash through its corporate venturing subsidiary Capital One Growth Ventures.
Snowflake had raised the initial tranche in April 2017, led by Iconiq Capital with participation from Madrona Venture Group, Altimeter Capital, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures.
Founded in 2012, Snowflake’s technology enables data warehousing, a core part…