Snowflake Inc.
an enterprise-software startup valued at more than $3 billion by private investors, is planning an initial public offering. The eight-year-old data-management company set a goal of raising $100 million in a filing with the U.S. Securities and Exchange Commission, though that is typically a placeholder amount that will be updated in future filings. Snowflake was expected to go public this year by many observers, and files amid a rush of IPO filings taking place despite a global pandemic.
Source: Tech Daily Report (techdailyreport.net)
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