Cloud big Snowflake has agreed to amass Datavolo, a knowledge 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 buy 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 government at AWS.
Datavolo makes use of Apache NiFi, an open supply mission for knowledge processing developed by the NSA, to energy a platform for automating knowledge flows between varied enterprise knowledge sources. Data “processors” extract, clear, rework, and enrich knowledge, together with for generative AI use circumstances.
With Datavolo, which managed to lift $21 million in enterprise capital from buyers together with Citi Ventures and General Catalyst previous to the acquisition, Snowflake CEO Sridhar Ramaswamy envisions creating extra versatile knowledge processing pipelines for Snowflake clients. For instance, he says, Datavolo may allow customers to interchange single-use knowledge connectors with versatile pipelines that allow them transfer knowledge from cloud and on-premise sources to Snowflake’s knowledge 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 stated in an announcement. “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 help and assist to handle the Apache NiFi mission following the shut 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 launch. “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 partially to AI, the demand for knowledge administration applied sciences has surged. Fortune Business Insights estimates that the marketplace for international enterprise knowledge administration may very well be price $224.87 billion by 2032.
Data administration was a problem for enterprises lengthy earlier than the AI increase, although. According to a 2022 survey from Great Expectations, a platform for knowledge high quality, 91% of organizations stated that knowledge high quality points had been impacting their efficiency.
Against that backdrop, it’s not stunning to see corporations like Datavolo rise to prominence.
Today was a newsy day for Snowflake, which reported better-than-expected earnings that despatched its inventory climbing 19%. In addition to purchasing 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.
