[ad_1]
Cloud Giant Snowflake has agreed to the acquisition datafollowa data pipeline management company, for an undisclosed sum.
Snowflake disclosed the deal at the closing bell on Wednesday, when it also announced its third-quarter 2025 earnings. Its closing is subject to customary closing conditions, Snowflake noted in a He releases.
Joseph Witt and Luc Roquet, who met while working together at Hortonworks, founded Datavolo in 2023. Witt was previously executive vice president at Cloudera, while Roquet was CMO at Cloudera, and before that, was executive director of business development at AWS and Regional Sales Manager at Oracle.
Datavolo uses Apache NiFi, an open source data processing project developed by the NSA, to power a platform for automating data flows between different enterprise data sources. Data “processors” extract, clean, transform and enrich data, including generative AI applications.
With Datavolo, which raised $21 million in venture capital from investors including Citi Ventures and General Catalyst before the acquisition, Snowflake CEO Sridhar Ramaswamy envisions creating more diverse data processing pipelines for Snowflake customers. For example, he says Datavolo may enable users to replace single-use data connectors with flexible pipelines that let them move data from cloud and on-premises sources to the Snowflake data cloud.
“By bringing Datavolo into the Snowflake fold, we are expanding the amount of lifecycle data that Snowflake captures — unlocking simplicity and cost savings for our customers, without any sacrifice of data scalability,” Ramaswamy said in a statement. “We are excited to have the Datavolo team join Snowflake as we accelerate the best platform for enterprise data—unstructured and structured, aggregated and streaming—dedicated to the success of the open source community.”
Witt says Snowflake will support the Apache NiFi project as the acquisition closes. “Data engineering at scale can be incredibly expensive and complex, and our goal has always been to simplify experiences for our customers so they can realize value faster,” he added in a press release. “By joining forces with Snowflake, we can empower our customers with the massive scale and radical simplicity of the Snowflake platform, ultimately unleashing data engineering for more users.”
Thanks in part to artificial intelligence, demand for data management technologies is increasing. Fortune Business Insights Estimates The global enterprise data management market could be worth $224.87 billion by 2032.
However, data management has been a challenge for organizations long before AI took off. According to According to a 2020 survey conducted by Great Acceptations, a data quality platform, 91% of organizations said data quality issues impact their performance.
Against this backdrop, it’s not surprising to see companies like Datavolo rise to prominence.
Today was a big news day for Snowflake, who… I mentioned Better-than-expected earnings sent its shares up 19%. In addition to purchasing Snowflake, the company announced a multi-year partnership with Anthropic to integrate emerging AI models into its Snowflake Cortex AI, Snowflake Intelligence, and Cortex Analyst products.
[ad_2]