-

Yellowbrick Comments on Snowflake IPO

CEO Neil Carson Offers Perspectives and Is Available for Interviews

PALO ALTO, Calif.--(BUSINESS WIRE)--Hybrid cloud data warehouse company Yellowbrick Data today offered perspectives on Snowflake’s IPO, and the company’s CEO Neil Carson announced he is available for media interviews. Yellowbrick is uniquely positioned to provide insight on Snowflake’s IPO because it is the only other modern data warehouse company founded in the last eight years. Yellowbrick’s approach differs from Snowflake’s, with a focus on hybrid cloud versus cloud-only, because the vast majority of enterprise data needs today and for the foreseeable future demand a hybrid cloud approach combining on-premises, cloud, and multicloud solutions.

“I want to personally congratulate Snowflake on what appears to be a truly massive IPO,” said Carson. “This IPO validates that the market for data warehouses is large and growing. Yellowbrick and Snowflake share a common vision that data warehouse modernization is important and a top priority for businesses grappling with formidable economic, social, and customer behavior changes. Our own Yellowbrick approach to data warehouse modernization is focused on the enterprise and hybrid cloud applications that solve the vast majority of enterprise data needs that are not cloud-only. Snowflake’s IPO is a definite win for our industry and for the businesses Snowflake serves as well as the enterprises we serve—all of which are desperate for new data and analytics approaches.”

Carson is available for additional media interviews and perspectives via Yellowbrick’s PR agency, Bospar Communications, at prforyellowbrick@bospar.com.

About Yellowbrick Data

Yellowbrick Data provides the world’s only modern data warehouse for hybrid and multi-cloud environments. Enterprises rely on Yellowbrick Data Warehouse to power critical business outcomes and get answers to the hardest business questions for improved profitability, better customer loyalty, and faster innovation in near real time, and at a fraction of the cost of alternatives. Yellowbrick offers superior price/performance for thousands of concurrent users on petabytes of data, along with the unique ability to run analytic workloads on premises, in a private cloud, and/or in any public cloud and manage them in a simple, consistent way—all with predictable pricing via fixed-cost annual subscription. Learn more at yellowbrick.com.

Follow Yellowbrick

Website: yellowbrick.com
Twitter: @yellowbrickdata
LinkedIn: linkedin.com/company/yellowbrickdata

Contacts

Eric Brown
Yellowbrick Data
eric.brown@yellowbrick.com

Yellowbrick Data


Release Versions

Contacts

Eric Brown
Yellowbrick Data
eric.brown@yellowbrick.com

More News From Yellowbrick Data

Yellowbrick Data Appoints Tim Young as New CMO

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Yellowbrick Data, the leader in Distributed Data Cloud architecture for data warehousing, has appointed Tim Young as Chief Marketing Officer. Leading the company’s aggressive marketing agenda, Tim brings his track record as a builder and go-to-market expert in data warehousing, AI, and analytics markets, representing hypergrowth brands including DataRobot and Netezza, with the latter resulting in a $1.7 billion exit when acquired by IBM. “Tim brings exten...

Yellowbrick Data Partners With Nippon Information and Communication Corporation (NI+C) to Unlock Data Value for Enterprises, Expanding Global Footprint

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Yellowbrick Data, the leader in Distributed Data Cloud architecture for data warehousing, today announced a strategic partnership with Nippon Information and Communication Corporation (NI+C). The partnership advances Yellowbrick’s global expansion strategy by offering simplicity of the cloud experience, across private and public deployments or at the edge, for mission-critical applications to Japanese markets. “Nippon Information and Communication Corpora...

Yellowbrick Data Raises $75M in Series C1, Sees Adoption of Its Cloud Data Warehouse Accelerating

PALO ALTO, Calif.--(BUSINESS WIRE)--Yellowbrick Data, the innovation leader in modern data warehousing, today announced it has closed a Series C1 funding of $75M while accelerating growth in sales of its cloud data warehouse. Yellowbrick continues to add large companies in financial services, hedge funds, and insurance as customers, adding to a diversified customer base of companies across many industries including telecom, healthcare, retail, and manufacturing. The company is on track to more...
Back to Newsroom