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Snowflake Inc.

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Snowflake Computing
Company typePrivate
IndustryData Warehousing
FounderBenoit Dageville, Thierry Cruanes and Marcin Zukowski
HeadquartersSan Mateo, CA
Key people
Bob Muglia, CEO
ProductsCloud-based data warehousing
Number of employees
100+ (2016)[1]
Websitesnowflake.net

Snowflake Computing is a cloud-based data-warehousing startup publicly launched by Bob Muglia in 2014, after spending two years in stealth mode.[2][3]

History

Snowflake Computing was founded in 2012 in San Mateo, California by three data warehousing experts: Benoit Dageville, Thierry Cruanes and Marcin Zukowski.[4] It came out of stealth mode in October 2014[5] shortly after appointing former Microsoft executive Bob Muglia as CEO that June.[2] According to IT Business Edge, much of the interest in the company is based on Muglia's involvement.[4] As of October 2015, Snowflake Computing has raised $71 million in funding, including $26 million it had raised before coming out of stealth and $45 million funding round announced in June 2015.[4][6][7]

Products

Snowflake Computing sells a cloud-based data storage and analytics service called Snowflake Elastic Data Warehousing.[5][8] It allows corporate users to store and analyze data using cloud-based hardware and software.[6] The data is stored on Amazon S3 servers.[2] According to the CEO, the software does not rely on Hadoop.[6] The developer was identified as a "Cool Vendor" in Gartner's Magic Quadrant and won first place at the 2015 Stata + Hadoop World startup competition.[4] It became generally available in June 2015[9][10] and had 80 organizations using it at that time.[5]

References

  1. ^ Nicastro, Dom (April 12, 2016). "What's in a Name: Midokura, Pyze, Snowflake Computing, Ving". CMSWire.com. Retrieved May 8, 2016.
  2. ^ a b c Handy, Alex (October 23, 2014). "Snowflake offers cloud data warehouse as a service, cheaply". SD Times. Retrieved November 20, 2014.
  3. ^ Wingfield, Nick (October 21, 2014). "Longtime Microsoft Executive Opens Cloud Database Start-Up". The New York Times. Retrieved November 11, 2014.
  4. ^ a b c d Lawson, Loraine (October 13, 2015). "Startup Spotlight: Snowflake Computing's Elastic Data Warehouse". IT Business Edge. Retrieved November 10, 2015.
  5. ^ a b c Hesseldahl, Arik (June 23, 2015). "Big Data Startup Snowflake Raises $45 Million, Launches First Product". Re/code. Retrieved November 10, 2015.
  6. ^ a b c Vanian, Jonathan (June 23, 2015). "This big data startup is as unique as a snowflake". Fortune Magazine. Retrieved August 5, 2015.
  7. ^ Vanian, Jonathan (October 21, 2014). "With $26M, Snowflake Computing is hoping its take on data warehousing will hit the mainstream". Gigaom. Retrieved November 10, 2015.
  8. ^ Bass, Dina (October 21, 2014). "Snowflake Takes Aim at Amazon, Hadoop With New Data Service". Bloomberg.com. Retrieved November 10, 2015.
  9. ^ Brust, Andrew (June 26, 2015). "Cloud data warehouse race heats up". ZDNet. Retrieved November 10, 2015.
  10. ^ Darfler, Benjamin (July 28, 2015). "Snowflake Announces General Availability of their Cloud Data Warehouse Offering". InfoQ. Retrieved November 10, 2015.

See also