Snowflake stock soars in largest software IPO ever; Madrona among earlier venture investors

Madrona Venture Group’s S. Somasegar and former Snowflake CEO Bob Muglia previously worked together as Microsoft executives. (Madrona Venture Group Photo)

Snowflake came out with a bang in its public debut, raising $3.4 billion in the largest software IPO ever.

The data warehousing company opened at $245/share

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