February 10 - 11:02
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Data warehousing firm Snowflake raises $479mn in funding
Data warehousing firm Snowflake Computing has raised $479 million in funding, valuing the company at more than $12.7 billion. Funding was co-led by new investors, Dragoneer Investment Group and Salesforce Ventures. Existing Snowflake investors, including Altimeter Capital, ICONIQ Capital, Madrona Venture Group, Redpoint Ventures, Sequoia, and Sutter Hill Ventures, also participated in the round.
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