Cloud Data Warehouse Unicorn Snowflake Raises $450M in Its Second Round This Year

Snowflake Computing, developer of a cloud-based data warehouse solution, has raised $450 million in venture funding • This is its second funding round this year, bringing its pre-money valuation to $3.5 billion • A study has shown that enterprises have struggled getting return on their big data investments, many of them too bogged down figuring out their data architecture
by Yevgeniy Sverdlik via IT Pro - Microsoft Windows Information, Solutions, Tools