The transaction occurs as Snowflake, currently valued at $62 billion ... to surpass $3 billion in annual recurring revenue (ARR) and achieve positive free cash flow in the fourth quarter.

announced Wednesday it has reached $100 million in ARR in four years — becoming the fourth fastest company in the infrastructure space to do so (behind only Wiz, HashiCorp and Snowflake).

including customers returning from Snowflake and Databricks. Nehal Chokshi, Northland Capital Markets: Asked about the trajectory of ARR improvements. CFO Claire Bramley explained that improved ...

Investors in the round, which brought Tecton’s total financing to $160 million, included cloud data company Snowflake and data ... 2021 to fiscal 2022 and that ARR growth accelerated to more ...