Cloud large Snowflake has agreed to accumulate Datavolo, a data pipeline management company, 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 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 improvement government at AWS.
Datavolo makes use of Apache NiFi, an open supply undertaking for data processing developed by the NSA, to energy a platform for automating data flows between numerous enterprise data sources. Data “processors” extract, clear, remodel, and enrich data, together with for generative AI use instances.
With Datavolo, which managed to lift $21 million in enterprise capital from traders together with Citi Ventures and General Catalyst previous to the acquisition, Snowflake CEO Sridhar Ramaswamy envisions creating extra versatile data processing pipelines for Snowflake prospects. For instance, he says, Datavolo would possibly allow customers to exchange single-use data connectors with versatile pipelines that permit them transfer data from cloud and on-premise sources to Snowflake’s data 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 the Apache NiFi undertaking with 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 data management applied sciences is surging. Fortune Business Insights estimates that the marketplace for international enterprise data management might be value $224.87 billion by 2032.
Data management was a problem for enterprises lengthy earlier than the AI growth, although. According to a 2020 survey from Great Expectations, a platform for data high quality, 91% of organizations stated that data 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 company 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.