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Cloud software unicorn Snowflake rolling out new data exchange - Business Insider

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$12.4 billion Snowflake thinks its new data exchange that's already working with FactSet and Coatue will be the buzzy startup's next 'massive accelerator'

Now, the company is looking to leverage its customer base of more than 3,500 clients and serve as the go-between for all their data needs.

Crux Informatics launched with the intention of meeting those very needs. The startup, created in 2017, has raised $41 million from Goldman Sachs, Two Sigma and Citi. In February,on a series of executive departures and the closing of its San Francisco office. For one, consumers of data are pulling their vendors, some of whom had no interaction with the startup, onto the platform for the first time.

 

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