Salesforce Ventures will invest another $250m as the data management software provider floated above its range at a valuation just short of $29bn.

US-based data analysis software provider Snowflake is going public today in a $3.36bn initial public offering alongside include a $250m investment by enterprise software producer and existing investor Salesforce. The company priced 28 million shares at $120.00 each, above a $100 to $110 range that had already been lifted from $75 to $85 a share.…

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