Cloud large 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 situations, 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 knowledge processing developed by the NSA, to energy a platform for automating knowledge flows between numerous enterprise knowledge sources. Information “processors” extract, clear, remodel, and enrich knowledge, together with for generative AI use circumstances.
With Datavolo, which managed to boost $21 million in enterprise capital from traders together with Citi Ventures and Common Catalyst previous to the acquisition, Snowflake CEO Sridhar Ramaswamy envisions creating extra versatile knowledge processing pipelines for Snowflake clients. For instance, he says, Datavolo would possibly allow customers to switch single-use knowledge connectors with versatile pipelines that permit them transfer knowledge from cloud and on-premise sources to Snowflake’s knowledge 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 knowledge extensibility,” Ramaswamy mentioned in a press release. “We’re excited to have the Datavolo group be a part of Snowflake as we speed up what’s the greatest platform for enterprise knowledge — unstructured and structured, batch and streaming — and devoted to the success of the open supply neighborhood.”
Witt says that Snowflake will help and assist to handle the Apache NiFi mission following the shut of the acquisition. “Information engineering at scale could be extremely pricey and complicated, and our intention has at all times 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 are able to empower our clients with the immense scale and radical simplicity of Snowflake’s platform, in the end unlocking knowledge engineering for extra customers.”
Thanks partially to AI, the demand for knowledge administration applied sciences has surged. Fortune Enterprise Insights estimates that the marketplace for international enterprise knowledge administration could possibly be price $224.87 billion by 2032.
Information administration was a problem for enterprises lengthy earlier than the AI growth, although. In accordance to a 2022 survey from Nice Expectations, a platform for knowledge high quality, 91% of organizations mentioned that knowledge high quality points have been impacting their efficiency.
Towards that backdrop, it’s not shocking to see corporations 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.