Snow Software provides Software Asset Management (SAM) and Cloud Spend Management solutions that automate reconciliation of license entitlements to actual usage across mobile, desktop, data center and cloud platforms. Its cloud-based and on-premise platforms include advanced analytics that customers use to optimize licensing and direct investment decisions, helping organizations save up to 30% of annual software expenditure. Snow serves more than 6,000 organizations across over 50 countries and employs over 700 people in 21 countries, and reports revenue growth of more than 50% annually since 2012. The company has received recognition from Forrester, Gartner and ITAM Review. Snow plans to accelerate global expansion, enhance its offering across mobile and cloud platforms, and drive new product innovation following the announced investment. The company positions itself to improve governance and control over the estimated $394.8 billion spent annually on enterprise software.

Total raised

$120M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2017