Coinspeaker Berkshire Hathaway and Salesforce Purchase $500M Worth of Snowflake Stock at IPO Set PriceSnowflake anticipates raising funds through an IPO later this year. Some of the main venture-capital backers that support Snowflake include Sutter Hill Ventures, Sequoia Capital, Redpoint Ventures, Iconiq and Wing Venture Capital.Berkshire Hathaway and Salesforce Purchase $500M Worth of Snowflake Stock at IPO Set Price