Snowflake Computing raises $263 million

San Mateo, California-based data warehouse company Snowflake Computing, has raised $263 million in funding. The investment was led by Iconiq Capital, Altimeter Capital and Sequoia Capital. Existing investors Capital One Growth Ventures, Madrona Venture Group, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures also participated in the round.

With this round of funding, Snowflake’s pre-money valuation is $1.5 billion, said the company in a statement.

Since its founding in 2012, Snowflake Computing has raised a total of $473 million.

[Image courtesy: Snowflake Computing]

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.