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June 12, 2020

Cloud Data Warehouse Vendor Snowflake Files for IPO

Cloud Data Warehouse Vendor Snowflake Files for IPO

Geekwire

Cloud data warehouse vendor Snowflake has confidentially filed for an Initial Public Offering, according to news reports. Snowflake is used by many CDP systems. Value could be as high as $20 billion.

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Ethyca Raises $13.5 Million Series A for Personal Data Discovery and Compliance

TechCrunch

There are still more grains of sand on the beach than vendors finding personal data in corporate databases but it’s starting to depend on the beach. The latest to hit the news is Ethyca, which promises to deliver a complete discovery and compliance layer in an hour for a mid-sized business and a few days for a big one. The time really depends on how long it takes to get access to corporate data but let’s not rain on their parade. They did just raise a $13.5 million Series A, bringing their total to $20 million.

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Microsoft Joins Amazon and IBM in Limiting Facial Recognition Software

TechCrunch

Microsoft today joined Amazon and IBM in limiting the privacy nightmare that is facial recognition software. IBM has left the business entirely, Amazon banned use by the police for one year, and Microsoft said they won’t sell for police use until a national regulation is in place. Yes, there’s some virtue signaling involved and there are plenty of other companies still in the business. But it’s a step in the right direction.

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Share: https://www.cdpinstitute.org/Newsletter/Blog1194/06-12-20-Cloud-Data-Warehouse-Vendor-Snowflake-Files-for-IPO

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