Snowflake Computing, Interview with CEO Bob Muglia

Funding Rounds

Summary

Founded by a veteran team of experts in databases and data processing, the San Mateo-based company is led by CEO Bob Muglia, who is the former president of Microsoft’s $16 billion server and tools business.The solutions available today – both traditional data warehouses and the so-called “big data” products – are very expensive, hard to manage and were not designed for a cloud era.We also solve the problem of bringing together both transactional and machine generated data into a single system that enables companies to achieve a deep understanding of their business.After working for years on the Oracle codebase, Benoit and Thierry realized that the cloud opened up new possibilities for data solutions that nobody was taking advantage of.We are also investing in a way that prepares us to scale so we are putting in place both the product capabilities and business systems to support a large number of customers.

$ Funding

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Amount $26.0M Total raised
Date October 21, 2014 Announcement date
Investors - Lead investors
Company http://www.snowflake.net Funded company

Classifications

industries
HealthTech
applications
Business Intelligence

AskAI Classifications

Labels
SaaS Data Platform Software Analytics Software

Linked Companies

Snowflake
$1B+