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Snowflake's Frank Slootman shuns feel-good liberal ethos of Big Tech

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Insiders say the CEO doesnt care about social causes. Hes focused on making shareholders money. A crewmember said Slootman stopped sailing competitively because "everybody was out to get him." When he became CEO of Snowflake, Frank Slootman cut costs, including the company ski trip to Tahoe. In July 2017, two years before he took over as the chief executive of...
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The 15 Largest US Tech Startup Funding Rounds of January 2021

AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from January 2021. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Grou...
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How Mike Speiser and Sutter Hill are changing the rules for venture investing

How Mike Speiser and Sutter Hill are changing the rules for venture investing CNBC 1/24/2021 Jordan Novet Mike Speiser, an investor at Sutter Hill Ventures and the original CEO of Snowflake, is now aiming his attention at a cloud security start-up, Lacework. Several Sutter Hill start-ups are using Lacework, just as its portfolio companies adopted Snowflake. Investors have noticed the track record at Sutter Hill and are now trying to replicate it. © Provided by CNBC Mike Spe...
Stefan Dyckerhoff Mike Speiser Vikram Kapoor John Colgrove Greg Sands Sutter Hill
Source: msn.com

Lacework Closes a $525 Million Growth Round to Scale Up Infrastructure Security for the Cloud Generation

Press release content from Business Wire. The AP news staff was not involved in its creation. Lacework Closes a $525 Million Growth Round to Scale Up Infrastructure Security for the Cloud Generation January 7, 2021 GMT SAN JOSE, Calif.--(BUSINESS WIRE)--Jan 7, 2021-- Lacework, the security platform for the cloud generation, today announced a $525 million growth round with a valuation of over $1 billion. Led by Sutter Hill Ventures and Altimeter Capital, and joined by D1 Capital Partners, Coatue...
United States Sutter Hill Brad Woodward Terence Runge Mike Speiser David Christensen
Source: apnews.com

Intrawest Resorts (NASDAQ:SNOW) - Early Snowflake Backers Can Sell 37.9M Shares Today: What Investors Need To Know

Share: Snowflake Inc (NYSE: SNOW) could see fresh selling as the lock-up period ends on more than 37.9 million shares today, the company said in an SEC filing last week. What Happened: Snowflake’s strong stock performance since its September listing has seen the stock appreciate by 123%. This has triggered a premature easing of restrictions or lock-up period allowing non-employee shareholders to sell up to 25% of their vested options, representing 37,904,494 shares. Barron’s reports t...
Canaccord Genuity Patrick Colville Alexey Klijatov Michael Speiser Sutter Hill Morgan Stanley

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Startup lands $525 million round after previously raising $74 million

Lacework This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Lacework, a cloud-based cybersecurity startup that previously raised a total of $74.4 million, has raised a $525 million "growth round." The company makes cybersecurity and compliance tools that help enterprises to build computer software applications in the cloud.  Sutter Hill, a venture capital firm that backed Snowfla...
Dan Hubbard Mike Speiser Sutter Hill Amazon Web Services Or Microsoft Azure Dragoneer Investment Group Silicon Valley

Lacework lands $525M investment as revenue grows 300% – TechCrunch

Lacework lands $525M investment as revenue grows 300% As the pandemic took hold in 2020, companies accelerated their move to cloud services. Lacework, the cloud security startup, was in the right place at the right time as customers looked for ways to secure their cloud native workloads. The company reported that revenue grew 300% year over year for the second straight year. It was rewarded for that kind of performance with a $525 million Series D today. It did not share an exact valuation, onl...
Dan Hubbard Mike Speiser Sutter Hill Dragoneer Investment Group Altimeter Capital Liberty Global Ventures

Menlo Security Named a Visionary in Gartner's 2020 Magic Quadrant for Secure Web Gateways – IT Business Net

Cloud security leader recognized based on their ability to execute and completeness of vision MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Menlo Security, the only isolation-powered cloud security platform, today announced that it has been named a Visionary in the 2020 Gartner Magic Quadrant for Secure Web Gateways (SWG) for the third consecutive year. The new model of remote work and migration from on-premises web security to cloud-delivered security is forcing organizations to completely re-arch...
United States Sutter Hill Mountain View Kowsik Guruswamy Mia Wilcox Us Department Of Defense

KTVU Mornings On 2 May 17, 2013

. deputies arrested a female passenger. she was not hurt, but investigators think these three suspects had earlier escaped a highway chase. we are homing to get an update from the alameda county sheriffs department in 30 minutesful well pass that information along to you once we get an update. live near castro valley. im cara moriarty. new information about last nights deadly shooting in oakland. two people were killed on interstate 880 while warriors fans were driving home from ...
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KTVU KTVU Morning News Early Edition June 11, 2012

9 # 0 and thats scheduled until 5:30 this morning, another half hour causing a little bit of a traffic jam but nothing too major yet. the morning commute looks good in san fransisco along 101. its 5:00. >> we begin with developing news this morning from the east bay. the american red cross is helping provide shelter to the families who lost their homes in an overnight fire. it started at about 1:00 this morning causing major damage to an apartment complex in bay point. ktvu lorraine bl...
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