Snowflake Inc. is a data cloud company based in Bozeman, Montana. It was founded in July 2012 and was publicly launched in October 2014.
The firm offers a cloud-based data storage and analytics service, generally termed “data-as-a-service”. It allows corporate users to store and analyze data using cloud-based hardware and software. Snowflake services main features are separation of storage and compute, on-the-fly scalable compute, data sharing, data cloning, and third-party tools support in order to handle the demanding needs of growing enterprises.
The company was ranked first on the Forbes Cloud 100 in 2019. The company’s initial public offering raised $3.4 billion, one of the largest software IPOs in history.