Eight years ago, our co-founders, Benoit Dageville and Thierry Cruanes started Snowflake with a mission to help organizations maximize the value of their data while minimizing the effort required to realize that value. With Snowflake, they pioneered a new class of cloud computing technologies and created the Data Cloud, a global network where thousands of organizations mobilize data with near-unlimited scale, concurrency, and performance. In the process, they also gave rise to one of the fastest-growing tech companies ever. Today, Snowflake has merely scratched the surface of its potential, but we’ve learned some things along the way.
With that in mind, we see an opportunity to share our experience and passion for building things to help propel the next generation of visionary founders to success. That’s why we’re excited to launch Snowflake Ventures.
Snowflake Ventures is born from our deep-seated belief in the Data Cloud and helping organizations tear down barriers and eliminate silos. The more organizations harness the power of the Data Cloud, the faster we innovate together. Our aim is to foster this innovation through investing in growth-stage companies that demonstrate a commitment to mobilizing data, provide value to our customers, and expand opportunities for the Data Cloud.
In addition to strategic capital, portfolio companies can benefit from:
- Access to and insights from Snowflake leaders and experts
- Enhanced exposure within the Data Cloud’s ecosystem
- Go-to-market alignment and Snowflake Partner Network opportunities
- Operational guidance on business issues and best practices
We believe that Snowflake is in the unique position to create a network effect of innovation through data, and we’re looking forward to working with disruptive companies that share this mission. For more information, visit the Snowflake Ventures website, here.