Snowflake Inc.
Cloud-based data-warehousing company
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| 2024 | Snowflake customer data breach occurred, impacting multiple major companies including Ticketmaster, Advance Auto Parts, Santander Bank, Neiman Marcus, LendingTree, AT&T, Pure Storage, Teg.com.au, and Bausch Health. |
| October 30 2024 | Connor Riley Moucka (aka Waifu), a 25-year-old from Kitchener, Ontario, was arrested in connection with the Snowflake data breach. A Washington state court issued an indictment charging him with conspiracy, computer fraud and abuse, extortion, and aggravated identity theft. |
| February 28 2024 | Frank Slootman retired as CEO and was replaced by Neeva's cofounder Sridhar Ramaswamy. |
| May 2023 | Snowflake agreed to acquire privacy-focused search startup Neeva for $185 million. |
| October 2022 | The company acquired a 5% stake in advanced TV advertising firm OpenAP. |
| May 2021 | Snowflake became a distributed company, establishing a principal executive office in Bozeman, Montana. |
| December 2020 | The company added Knoema as a data provider in the Snowflake Data Marketplace. |
| September 16 2020 | Snowflake went public via an initial public offering (IPO), raising $3.4 billion in one of the largest software IPOs, notably doubling in value on its first trading day. |
| February 7 2020 | Snowflake raised $479 million, with the company reporting 3,400 active customers at the time. |
| 2019 | Snowflake began running on Google Cloud Platform. |
| June 2019 | The company launched Snowflake Data Exchange. |
| May 2019 | Frank Slootman, formerly CEO of ServiceNow, joined Snowflake as its CEO. |
| 2018 | Snowflake began running on Microsoft Azure. |
| October 2018 | The company raised $450 million in a funding round led by Sequoia Capital, increasing its valuation to $3.5 billion. |
| January 2018 | Snowflake raised $263 million at a $1.5 billion valuation, achieving unicorn status and marking a significant milestone in the company's growth. |
| April 2017 | The company raised $100 million, further scaling its financial resources. |
| April 2017 | Snowflake raised $100 million, further solidifying its financial position in the tech industry. |
| June 2015 | The company raised $45 million, demonstrating increasing investor confidence in its business model and potential. |
| June 2015 | Snowflake launched its first product, a cloud data warehouse. |
| October 2014 | Snowflake secured $26 million in funding, continuing to build financial momentum for the company's expansion. |
| October 2014 | Snowflake came out of stealth mode, with 80 organizations using its technology at the time. |
| June 2014 | Bob Muglia, formerly of Microsoft, was named CEO of Snowflake. |
| 2012 | Snowflake raised $5 million in a Series A funding round, marking an early significant investment in the company's growth. |
| July 2012 | Snowflake Inc. was founded in San Mateo, California, by Benoît Dageville, Thierry Cruanes, and Marcin Żukowski, with Mike Speiser serving as the first CEO. |
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