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Snowflake Priced, NYSE: SNOW

Provides a cloud-based data warehousing platform.

Industry: Technology

Latest Trade: $229.00 0.00 (0.0%)

First Day Return: +111.6%

Return from IPO: +90.8%

Industry: Technology

We believe in a data connected world where organizations have seamless access to explore, share, and unlock the value of data. To realize this vision, we are pioneering the Data Cloud, an ecosystem where Snowflake customers, partners, and data providers can break down data silos and derive value from rapidly growing data sets in secure, governed, and compliant ways. Our Cloud Data Platform is the innovative technology that powers the Data Cloud. Our platform enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. We deliver our platform through a customer-centric, consumption-based business model, only charging customers for the resources they use. Our platform solves the decades-old problem of data silos and data governance. Leveraging the elasticity and performance of the public cloud, our platform enables customers to unify and query data to support a wide 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. As a result, customers can blend existing data with new data for broader context, augment data science efforts, or create new monetization streams. Delivered as a service, our platform requires near-zero maintenance, enabling customers to focus on deriving value from their data rather than managing infrastructure.
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IPO News for Snowflake
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IPO Data
IPO File Date 08/24/2020
Offer Price $120.00
Price Range $100.00 - $110.00
Offer Shares (mm) 28.0
Deal Size ($mm) $3,360
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/15/2020
Offer Price $120.00
Price Range $100.00 - $110.00
Offer Shares (mm) 28.0
Deal Size ($mm) $3,360
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters San Mateo, CA
Founded 2012
Employees 2,037
Website www.snowflake.com