About Snow Software
Snow Software is a company based in Solna (Sweden) founded in 1997 was acquired by Flexera in November 2023. Snow Software has raised $120 million across 2 funding rounds from investors including Flexera, Sumeru Equity Partners and Ontario Pension Board. Snow Software has completed 2 acquisitions, including Embotics and Igap. Snow Software offers products and services including Flexera One IT Visibility, Flexera One ITAM, Flexera One SaaS Management, and Flexera One FinOps. Snow Software operates in a competitive market with competitors including VMware, Datadog, AvePoint, Nutanix and CloudHealth Tech, among others.
- Headquarter Solna, Sweden
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Snow Software India Private Limited
- Date of Incorporation 23 Aug, 2023
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$120 M (USD)
in 2 rounds
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Latest Funding Round
$120 M (USD), Series B
Apr 27, 2017
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Investors
Flexera
& 3 more
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Employee Count
Not available
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Investments & Acquisitions
Embotics
& 1 more
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Acquired by
Flexera
(Nov 28, 2023)
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Products & Services of Snow Software
Snow Software offers a comprehensive portfolio of products and services, including Flexera One IT Visibility, Flexera One ITAM, Flexera One SaaS Management, and Flexera One FinOps.
Platform for visualizing and optimizing IT assets and spend.
Manages software licenses and hardware to minimize risks and waste.
Controls SaaS usage and costs for better financial governance.
Optimizes cloud spending and ensures efficient resource allocation.
People of Snow Software
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Software Development Team
95 people
Product Management Team
36 people
Leadership Team
33 people
Sales and Marketing
29 people
Senior Team
18 people
Principal Team
14 people
Finance and Accounting
12 people
Human Resources and Administration
11 people
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Funding Insights of Snow Software
Snow Software has successfully raised a total of $120M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $120 million completed in April 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Snow Software
Snow Software has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Flexera, Sumeru Equity Partners and Ontario Pension Board.
| Investor | Description | Founded Year | Domain | Location |
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Buyouts are targeted by this private equity investment firm.
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Growth equity investments are directed toward expanding startups across sectors.
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Administers pension plans for Ontario public sector employees and retirees.
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Investor details for Snow Software
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Investments & Acquisitions by Snow Software
Snow Software has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Embotics and Igap.
Investment portfolio details for Snow Software
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- Portfolio identities
- Transaction dates
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Cloud management software is provided for virtualization and hybrid environments.
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Automation development services are provided by Igap.
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Complete acquisition details for Snow Software
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Financial Statements - Snow Software
Detailed financials for Snow Software
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- Profit trends
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Snow Software Comparisons
Peer comparison for Snow Software
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Competitors of Snow Software
Snow Software operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VMware, Datadog, AvePoint, Nutanix and CloudHealth Tech, among others.
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Cloud orchestration solutions are provided for multi-cloud and device applications.
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Cloud and application performance management platform is provided.
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Cloud based platform offering data backup and recovery solutions
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AI-powered cloud management software is delivered for enterprises.
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Cloud management and analytics solutions are provided for cloud optimization.
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Detailed competitors of Snow Software
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Latest news on Snow Software
Complete news archive for Snow Software
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Frequently Asked Questions about Snow Software
Snow Software was founded in 1997 and raised its 1st funding round 15 years after it was founded.
Snow Software is headquartered in Solna, Sweden.
Snow Software is a funded company, having raised a total of $120M across 2 funding rounds to date.
Snow Software was founded in 1997 in Solna, Sweden, and operates in the cloud management sector. Hybrid and multi-cloud architectures are managed through its platform, which includes automation for asset lifecycle orchestration. Services encompass cloud cost optimization, risk mitigation, and asset discovery. Operations focus on supporting enterprises with scalable cloud infrastructure across global locations.
Snow Software offers Flexera One IT Visibility, Flexera One ITAM, Flexera One SaaS Management, and Flexera One FinOps.
Snow Software has 4 investors. Key investors include Flexera, Sumeru Equity Partners, Ontario Pension Board, and Vitruvian Partners.