Snowflake, Inc sold by Sutter Hill Ventures: $142.35m-Mar 9
Snowflake Inc. is a cloud data platform provider. The Company's platform enables customers to consolidate data into a single source to drive business insights, build data-driven applications and share data. Its cloud data platform supports a multi-cloud strategy, including a cross-cloud approach to mix and match clouds. Its multi-cluster shared data architecture enables governed and secure data sharing in real-time. It enables to create own private data exchange to share and collaborate with business partners, suppliers, and employees in a centrally managed data hub. The Company, by leveraging the performance of the public cloud, its platform enables customers to unify and query data to support a variety of use cases. It also provides frictionless and governed data access so users can securely share data inside and outside of their organizations, generally without copying or moving the underlying data.
https://www.marketscreener.com/quote/stock/SNOWFLAKE-INC-112440376/company/
Sutter Hill Ventures is an American private equity firm focused on venture capital investments in technology-based start-up companies. Founded in 1964, Sutter Hill is one of the oldest venture capital firms still in operation. Based in Palo Alto, CA, the firm is primarily focused on investments in the fields of networking and computer technology, business and financial services, healthcare, web development, and pop culture, and have been known to invest in angel funds. The firm currently holds positions in a number of publicly traded companies, including Restoration Robotics (HAIR), Pure Storage (PSTG), Mattersight (MATR), Forty Seven (FTSV), Threshold Pharmaceuticals (THLD), Molecular Templates (MTEM), Cardica (CRDC), and Corcept Therapeutics (CORT). The firm has also incubated and invested in Snowflake Computing (SNOW) which had the record-setting technology IPO in 2020.
Michael Speiser
Mike joined Sutter Hill Ventures as Managing Director in 2008. Mike is the Lead Independent Director at Snowflake Computing (SNOW), where he served as Founding CEO and Founding investor. Previously Mike was Co-Chairman of Pure Storage (PSTG) before and after its 2015 IPO and served as Pure’s Founding CEO and Founding investor. Mike has served as Founding CEO at several other Sutter Hill Ventures’ portfolio companies and is currently a Board Director at Clumio, Ghost Locomotion, Lacework, Observe, Sigma Computing, Sila Nano, Transposit, and several unannounced projects. He led the Series B of Sumo Logic (SUMO) and served as a Board Director from 2011 until 2019. He is a Faculty Lecturer at the Stanford University Graduate School of Business. Mike previously worked at Yahoo!, Symantec, co-founded Epinions.com, worked as a consultant at McKinsey & Company, and was an analyst with Credit Suisse First Boston.
https://clumio.com/staff/mike-speiser/
https://www.finviz.com/insidertrading.ashx?oc=1433644&tc=7&b=2