Talk:Snowflake Computing/Draft

Snowflake Computing is a cloud-based data-warehousing startup publicly launched by Bob Muglia in 2014, after spending two years in stealth mode.

History
Snowflake Computing was founded in 2012 in San Mateo, California by three data warehousing experts: Benoit Dageville, Thierry Cruanes and Marcin Zukowski. It came out of stealth mode in October 2014 shortly after appointing former Microsoft executive Bob Muglia as CEO that June. According to IT Business Edge, much of the interest in the company is based on Muglia's involvement. As of October 2015, Snowflake Computing has raised $71 million in funding, including $26 million it had raised before coming out of stealth and $45 million funding round announced in June 2015.

Products
Snowflake Computing sells a cloud-based data storage and analytics service called Snowflake Elastic Data Warehousing. It allows corporate users to store and analyze data using cloud-based hardware and software. The data is stored on Amazon S3 servers. According to the CEO, the software does not rely on Hadoop. The developer was identified as a "Cool Vendor" in Gartner's Magic Quadrant and won first place at the 2015 Stata + Hadoop World startup competition. It became generally available in June 2015 and had 80 organizations using it at that time.