Cloud big Snowflake has agreed to amass Datavolo, an information pipeline administration firm, for an undisclosed sum.
Snowflake unveiled the deal on the shut of the market bell on Wednesday, when it additionally introduced its Q3 2025 earnings. The acquisition hasn’t but closed, and it’s topic to customary closing circumstances, Snowflake famous in a launch.
Joseph Witt and Luke Roquet, who met whereas working collectively at Hortonworks, based Datavolo in 2023. Witt was beforehand CVP at Cloudera, whereas Roquet was Cloudera’s CMO and, earlier than that, a enterprise growth govt at AWS.
Datavolo makes use of Apache NiFi, an open supply mission for information processing developed by the NSA, to energy a platform for automating information flows between varied enterprise information sources. Knowledge “processors” extract, clear, rework, and enrich information, together with for generative AI use instances.
With Datavolo, which managed to boost $21 million in enterprise capital from traders together with Citi Ventures and Normal Catalyst previous to the acquisition, Snowflake CEO Sridhar Ramaswamy envisions creating extra versatile information processing pipelines for Snowflake clients. For instance, he says, Datavolo would possibly allow customers to switch single-use information connectors with versatile pipelines that allow them transfer information from cloud and on-premise sources to Snowflake’s information cloud.
“By bringing Datavolo into the Snowflake fold, we’re increasing how a lot of the info lifecycle Snowflake captures — unlocking each simplicity and price financial savings for our clients, with none sacrifice to information extensibility,” Ramaswamy stated in a press release. “We’re excited to have the Datavolo crew be a part of Snowflake as we speed up what’s the finest platform for enterprise information — unstructured and structured, batch and streaming — and devoted to the success of the open supply neighborhood.”
Witt says that Snowflake will assist and assist to handle the Apache NiFi mission following the shut of the acquisition. “Knowledge engineering at scale could be extremely pricey and sophisticated, and our purpose has all the time been to simplify experiences for our clients to allow them to obtain worth sooner,” he added in a press launch. “By becoming a member of forces with Snowflake, we will empower our clients with the immense scale and radical simplicity of Snowflake’s platform, finally unlocking information engineering for extra customers.”
Thanks partially to AI, the demand for information administration applied sciences has surged. Fortune Enterprise Insights estimates that the marketplace for international enterprise information administration may very well be price $224.87 billion by 2032.
Knowledge administration was a problem for enterprises lengthy earlier than the AI increase, although. In line with a 2022 survey from Nice Expectations, a platform for information high quality, 91% of organizations stated that information high quality points had been impacting their efficiency.
Towards that backdrop, it’s not stunning to see companies like Datavolo rise to prominence.
Right this moment was a newsy day for Snowflake, which reported better-than-expected earnings that despatched its inventory climbing 19%. Along with shopping for Snowflake, the corporate introduced a multi-year partnership with Anthropic to combine the AI startup’s fashions in its Snowflake Cortex AI, Snowflake Intelligence, and Cortex Analyst merchandise.
