Snowflake snaps up data management company Datavolo

Date:

Share post:


Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum.

Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. Its closing is subject to customary closing conditions, Snowflake noted in a release.

Joseph Witt and Luke Roquet, who met while working together at Hortonworks, founded Datavolo in 2023. Witt was previously CVP at Cloudera, while Roquet was Cloudera’s CMO and, before that, a business development exec at AWS and regional sales director at Oracle.

Datavolo uses Apache NiFi, an open source project for data processing developed by the NSA, to power a platform for automating data flows between various enterprise data sources. Data “processors” extract, clean, transform, and enrich data, including for generative AI applications.

With Datavolo, which managed to raise $21 million in venture capital from investors including Citi Ventures and General Catalyst prior to the acquisition, Snowflake CEO Sridhar Ramaswamy envisions creating more versatile data processing pipelines for Snowflake customers. For example, he says, Datavolo might enable users to replace single-use data connectors with flexible pipelines that let them move data from cloud and on-premise sources to Snowflake’s data cloud.

“By bringing Datavolo into the Snowflake fold, we are expanding how much of the data lifecycle Snowflake captures — unlocking both simplicity and cost savings for our customers, without any sacrifice to data extensibility,” Ramaswamy said in a statement. “We are excited to have the Datavolo team join Snowflake as we accelerate what is the best platform for enterprise data — unstructured and structured, batch and streaming — and dedicated to the success of the open source community.”

Witt says that Snowflake will support the Apache NiFi project with the close of the acquisition. “Data engineering at scale can be incredibly costly and complex, and our aim has always been to simplify experiences for our customers so they can achieve value faster,” he added in a press release. “By joining forces with Snowflake, we can empower our customers with the immense scale and radical simplicity of Snowflake’s platform, ultimately unlocking data engineering for more users.”

Thanks in part to AI, the demand for data management technologies is surging. Fortune Business Insights estimates that the market for global enterprise data management could be worth $224.87 billion by 2032.

Data management was a challenge for enterprises long before the AI boom, though. According to a 2020 survey from Great Expectations, a platform for data quality, 91% of organizations said that data quality issues were impacting their performance.

Against that backdrop, it’s not surprising to see firms like Datavolo rise to prominence.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation

Here is yet one more sign of the travel industry’s noticeable boom: a major growth round for...

DOJ: Google must sell Chrome to end monopoly

The United States Department of Justice argued Wednesday that Google should divest its Chrome browser as part...

WhatsApp will finally let you unsubscribe from business marketing spam

WhatsApp Business has grown to over 200 million monthly users over the past few years. That means there...

OneCell Diagnostics bags $16M to help limit cancer reoccurrence using AI

Cancer, one of the most life-threatening diseases, is projected to affect over 35 million people worldwide in...

India’s Arzooo, once valued at $310M, sells in distressed deal

Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to...

OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit

Lawyers for The New York Times and Daily News, which are suing OpenAI for allegedly scraping their...

Hyundai reveals the Ioniq 9, its biggest EV to date

Hyundai revealed Wednesday the new Ioniq 9, an all-electric three-row SUV — and its largest EV to...

Nvidia’s CEO defends his moat as AI labs change how they improve their AI models

Nvidia raked in more than $19 billion in net income during the last quarter, the company reported...