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| Company type | Public |
|---|---|
| |
| Founded | July 23, 2012; 13 years ago (2012-07-23) |
| Founders |
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| Headquarters | Bozeman, Montana, U.S. |
Key people |
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| Services | Cloud data platform |
| Revenue |  US$3.63 billion (2025) |
 US$−1.5 billion (2025) | |
| US$−1.3 million (2025) | |
| Total assets | US$9.03 billion (2025) |
| Total equity | US$3.01 billion (2025) |
Number of employees | 7,834 (2025) |
| Website | www |
| Footnotes / references Financials as of January 31, 2025[update].[1] | |
Snowflake Inc. is an Americancloud-baseddata platform company founded inSan Mateo, California, and headquartered inBozeman, Montana. It operates a platform that supportsdata analysis and simultaneous access todata sets with minimallatency.[1] It operates onAmazon Web Services,Microsoft Azure, andGoogle Cloud Platform.
Snowflake Inc. was founded in July 2012 inSan Mateo, California, by Benoît Dageville, Thierry Cruanes, and Marcin Żukowski. Dageville and Cruanes previously worked as data architects atOracle Corporation; Żukowski was a co-founder ofVectorwise. Mike Speiser, a venture capitalist atSutter Hill Ventures, which provided early funding to the company, served as its first CEO.[2]
In June 2014,Bob Muglia, formerly ofMicrosoft, was named CEO. In October 2014, Snowflake came out ofstealth mode; at that time it was used by 80 organizations.[3][4]
Snowflake has run onAmazon Web Services since 2014,[5][6] onMicrosoft Azure since 2018,[7] and on theGoogle Cloud Platform since 2019.[8][9]
In June 2015, Snowflake launched its first product, its clouddata warehouse.[10]
In May 2019,Frank Slootman, formerly CEO ofServiceNow, joined Snowflake as its CEO.[8]
In June 2019, the company launched Snowflake Data Exchange.[11]
In December 2020, the company addedKnoema as a data provider in the Snowflake Data Marketplace.[12]
In May 2021, the company became adistributed company, with a principal executive office in Bozeman, Montana.[13]
In October 2022, the company acquired a 5% stake in advanced TV advertising firm OpenAP.[14]
In May 2023, Snowflake agreed to acquire privacy-focused search startup,Neeva, for $185 million.[15][16]
On February 28, 2024,Frank Slootman retired as CEO and was replaced by Neeva's cofounderSridhar Ramaswamy.[16]
In June 2025, Snowflake announced its acquisition of Crunchy Data, a provider of cloud-based PostgreSQL services and distributor of certified Postgres, for approximately $250 million.[17][18][19] Snowflake also announced it was acquiring Observe, an AI-powered observability company, in January 2026.[20]
Snowflake develops and sells a cloud-based data platform known as the Data Cloud. The platform allows organizations to unify data warehousing, data lakes, data engineering, and data sharing into a single service. Snowflake runs on public cloud infrastructure such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP), and separates compute from storage for scalable, on-demand analytics.[21]
In 2020, Snowflake introduced Snowpark, a developer framework that enables writing data pipelines and business logic using Java, Scala, and Python directly within Snowflake.[22]
In 2021, Snowflake launched Unistore, a hybrid workload that combines transactional and analytical operations within the same platform, enabling real-time applications to be built directly on Snowflake.[23]
In 2023, the company introduced the Native App Framework, which allows developers to build, distribute, and monetize applications that run securely within a customer’s Snowflake account.[24]
Snowflake also provides services including Snowpipe for continuous data ingestion and the Snowflake Marketplace, where organizations can access and share live, query-ready datasets.[25]
In 2024, Snowflake launched Cortex, a set of generative AI services embedded into the platform. Cortex includes access to large language models, vector search, and model deployment capabilities, allowing users to build AI-powered applications using SQL or Python.[26] Recently, they have introduced Snowflake Intelligence.
Snowflake supports workloads such as machine learning, streaming analytics, business intelligence, and unstructured data processing, with integrations for tools like Tableau, Power BI, and Sigma Computing.[27]
In 2024, customers of Snowflake were targeted as part of a mass customer data theft and extortion campaign.[28][29][30][31]Data breaches affectedTicketmaster,[32]Advance Auto Parts,[33]Santander Bank,Neiman Marcus,LendingTree,AT&T,Pure Storage, andBausch Health.[34] In May 2024, Snowflake collaborated withMandiant in an investigation which found no evidence of Snowflake’s environment being breached but rather customer credentials being compromised.[35][36]
Two men were involved in the hacking conspiracy. Connor Riley Moucka aka Waifu, 25, of Kitchener, Ontario, and John Erin Binns aka IRDev. Moucka was arrested on October 30, 2024; aWashington state court has issued anindictment on charges ofconspiracy,computer fraud and abuse,extortion, and aggravatedidentity theft.[37][38][39]
In 2012, Snowflake raised $5 million in aSeries A round. In October 2014, it raised $26 million.[3]
In June 2015, the company raised $45 million.[40][10][41] It raised $100 million in April 2017.[42][43]
In January 2018, the company raised $263 million at a $1.5 billion valuation, making it aunicorn.[44] In October of that same year, the company raised $450 million in a round led bySequoia Capital, at a $3.5 billion valuation.[3][45]
On February 7, 2020, the company raised $479 million. The company wentpublic in September via aninitial public offering, raising $3.4 billion in one of the largest software IPOs and the largest to double on its first day of trading.[46][47][48][49][50]
