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Snowflake, to get starting craving data for about $ 250 million database


Sridhar Ramaswamy, Sridhar Ramaswamy, Sridhar Ramaswamy, Semaphor in Washington on April 25, 2025 speaks at the summit of the economy.

Tasos Cathopodis | Semavor | Getty pictures

Information Analysts Program Manufacturer Avalanche On Monday, Monday, the cloud-based database program agreed to receive a start. According to a person who is not unfamiliar with the issue without the authority to speak openly, it will pay for about $ 250 million.

Crispy data sells the Massql’s stack as the most popular database of floods, the postgresql open source database sells a cloudy version Annual Development Request In 2023. Crisp data service includes security and performance expansions compared to standard open source code.

Snowflake Rival Databricks, last month, announced the intention to acquire the program based on the program PostgreSQL about $ 1 billion. Snowflake looks at Neon to buy last year, but went away from the annual income of this cruelty, according to a different person earned by more than $ 30 million.

Neon did not respond immediately to a request for comment.

Both Databricks and Snowflake are relying on relevant deals to help them take advantage of corporate spending to deliver artificial intensity agents to themselves.

With crispy information, the snow flight will soon provide early access to a postgrezql database service. statement. The plan is to facilitate the process that customers can manage more data suppliers in the supply of more data suppliers in Snowflake, Christflake in Snowflake.

Snowflake shares are up to 36% this year. In May, Stifel Analysts, the highest level of Golfer SCEFLIE SCEFLIE SCEFLIE SCEFFLER, Snowflake coincides with an annual annual income increase in “As a quarter and guide”. STIFEL has a purchasing rating in the snowfall fund.

“We help our customers build a strong foundation to lead the agent in the AI ​​era,” CEO Sridhar Ramaswamy spoke to analysts with a conference in May. “We continue this point and see more than us in a few weeks.”

Crisp data was established in 2012 and is located in Charleston, South Carolina, who has about 100 employees. Investors include Alsop Louie partners, gray enterprises, Harbert growth partners and weight. Kyndryl, Thales, Landing US Department of Homeland Security.

Follow: Snowflake shares more than 7% spikes on a quarterly beat

Snowflake shares more than 7% spikes on a quarterly beat



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