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Snowflake to acquire database startup Crunchy Data | TechCrunch

Jun 02, 2025 - techcrunch.com
Snowflake, a cloud data platform, announced its acquisition of Crunchy Data, a company specializing in PostgreSQL database solutions, for an estimated $250 million. This acquisition is part of a broader trend of tech giants purchasing data startups to enhance their database offerings for AI applications. Crunchy Data, which provides tools for building with the open-source PostgreSQL database, works with clients like UPS and the U.S. Department of Homeland Security. The acquisition will enable Snowflake to launch Snowflake Postgres, an enterprise-grade PostgreSQL database, further strengthening its database capabilities in the AI era.

This move follows Snowflake's previous efforts to expand its database offerings, including launching connectors for PostgreSQL and MySQL in 2024 and acquiring data management company Datavolo last year. Snowflake aims to position itself as a leading data and AI platform, addressing a $350 billion market opportunity. The acquisition of Crunchy Data aligns with Snowflake's strategy to integrate Postgres into its AI Data Cloud, providing comprehensive data solutions for its customers and partners.

Key takeaways:

  • Snowflake announced its acquisition of Crunchy Data, a Postgres database partner, estimated to be worth around $250 million.
  • The acquisition will enable Snowflake to launch Snowflake Postgres, an enterprise-grade PostgreSQL database, enhancing its database offerings for AI agents.
  • This move is part of a trend where tech giants are acquiring data startups to strengthen their AI and database capabilities.
  • Crunchy Data provides tools for building with Postgres and works with clients like UPS, SAS, and the U.S. Department of Homeland Security.
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