Snowflake Computing, the only data warehouse built for the cloud, announced it has closed $263 million in growth funding led by ICONIQ Capital, Altimeter Capital and newcomer Sequoia Capital. Snowflake’s latest round also includes the remainder of Snowflake’s existing funding partners: Capital One Growth Ventures, Madrona Venture Group, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. With this round of funding, Snowflake’s pre-money valuation is $1.5 billion. Since its founding in 2012, Snowflake has raised a total of $473 million in growth funding.
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