Deals
Cloud Data Firm Snowflake Files for IPO Showing Revenue Growth
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Snowflake Inc., a cloud data platform that was valued at $12.4 billion in a February funding round, filed for an initial public offering, disclosing revenue that has more than doubled year over year.
The San Mateo, California-based company in its filing Monday listed the size of the offering as $100 million, a placeholder that will likely change.