Capital One Growth Ventures was among the existing investors in a round that valued the data warehousing software provider at $1.5bn pre-money.
US-based data warehousing software provider Snowflake Computing completed a $263m growth round yesterday featuring Capital One Growth Ventures, a corporate venture capital vehicle for financial services provider Capital One.
The round was co-led by multi-family office Iconiq Capital, investment firm Altimeter Capital and VC firm Sequoia Capital, and included Madrona Venture Group, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. It was closed at a $1.5bn pre-money valuation.
Snowflake has created a cloud-based data warehousing software product that can store…
