Snowflake Computing, the company that built a Data Warehouse as a Service cloud solution, announced a $100 million Series D investment led by Iconiq Capital with help from Madrona Venture Group.
Early investors Altimeter Capital, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures also participated. Snowflake last raised $45 million in June, 2015. Today’s investment brings the total raised to $205 million, according to the company.
The company is led by Bob Muglia, who went from managing thousands of people at Juniper and Microsoft to being employee #34 at a startup. He made the move because he believed in what Snowflake was doing — building a SQL data warehouse service from the ground up for the cloud.
