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Snowflake More Than Doubles Valuation in Nine Months

October 11, 2018 10:00 AM
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Data-warehousing startup’s value reflects companies’ appetite for cloud services

Snowflake Computing Inc. raised $450 million in a funding round that more than doubles the data-warehousing startup’s value in nine months to $3.5 billion, reflecting companies’ strong appetite for services that tap into the cloud.

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