Snowflake Inc. is a cloud computing–based data cloud company based in Bozeman, Montana. It was founded in July 2012 and was publicly launched in October 2014 after two years in stealth mode.[2][3]
The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service".[4][5] 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 scale with its enterprise customers.[6] It runs on Amazon S3 since 2014,[2] on Microsoft Azure since 2018[7] and on the Google Cloud Platform since 2019.[8][9] The company was ranked first on the Forbes Cloud 100 in 2019.[10] The company's initial public offering raised $3.4 billion in September 2020, one of the largest software IPOs in history.[11]
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