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SnowflakeInvestment

Snowflake acquires Mobilize.net tools to aid cloud migration

Source: Autobound Signal API · 151 signals tracked for Snowflake · updated

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What happened

Snowflake has agreed to acquire SnowConvert, a suite of data migration tools, from Mobilize.net.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

The vendor purchased SnowConvert, a set of tools designed to automate some of the onerous coding work required to migrate data out of on-premises databases to the cloud. Snowflake has reached an agreement to acquire SnowConvert, a suite of tools developed by Mobilize.net that enables users to migrate their on-premises data to Snowflake's cloud data warehouse. Financial terms of the deal, unveiled on Jan. 19, were not disclosed. Snowflake declined to say when the acquisition might close. Founded in 2012 and based in Bozeman, Mont., Snowflake is a data cloud vendor whose data warehouse enables customers to access and work with their data. Competitors include other rising data cloud vendors such as Databricks and SingleStore as well as cloud computing giants like AWS, Google and Microsoft. In 2020 Snowflake set the record for the most profitable IPO in history by a technology vendor, raising $3.4 billion. Mobilize.net was founded in 2012 and is based in Bellevue, Wash. The vendor develops applications aimed at automating and simplifying a variety of business processes. On the same day Mobilize.net sold SnowConvert to Snowflake, it also sold its application migration business unit to Growth Acceleration Partners. While only the acquisition of a set of tools and not the purchase of an entire company, Snowflake's acquisition of SnowConvert stands to benefit potential Snowflake...

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Extracted by Autobound

From the Signal API record
Event
Investment

What this signalsA large capital project often starts a round of vendor buying.

Location
Bellevue, Washington, United States

Companies

  • Mobilize.netRelated companymobilize.net

More investment signals at other companies

The full record

From the Signal API record

Details

Assets
SnowConvert

Topics and mentions

Asset tags

  • it

Extraction

Confidence
95%
Detected
Oct 28, 2026
signal_type
news
signal_subtype
invests_into_assets

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/c62fe32a-6102-3765-f83a-aae4b1efba2d returns this record as JSON. POST /v1/companies/enrich returns every signal for snowflake.com.

{
  "signal_id": "c62fe32a-6102-3765-f83a-aae4b1efba2d",
  "signal_type": "news",
  "signal_subtype": "invests_into_assets",
  "detected_at": "2026-10-28T02:33:02+00:00",
  "company": {
    "name": "Snowflake",
    "domain": "snowflake.com"
  },
  "data": {
    "url": "https://www.techtarget.com/news/Snowflake-acquires-Mobilizenet-tools-to-aid-cloud-migration/843437/",
    "title": "Snowflake acquires Mobilize.net tools to aid cloud migration - TechTarget",
    "assets": "SnowConvert",
    "excerpt": "The vendor purchased SnowConvert, a set of tools designed to automate some of the onerous coding work required to migrate data out of on-premises databases to the cloud. Snowflake has reached an agreement to acquire SnowConvert, a suite of tools developed by Mobilize.net that enables users to migrate their on-premises data to Snowflake's cloud data warehouse. Financial terms of the deal, unveiled on Jan. 19, were not disclosed. Snowflake declined to say when the acquisition might close. Founded in 2012 and based in Bozeman, Mont., Snowflake is a data cloud vendor whose data warehouse enables customers to access and work with their data. Competitors include other rising data cloud vendors such as Databricks and SingleStore as well as cloud computing giants like AWS, Google and Microsoft. In 2020 Snowflake set the record for the most profitable IPO in history by a technology vendor, raising $3.4 billion. Mobilize.net was founded in 2012 and is based in Bellevue, Wash. The vendor develops applications aimed at automating and simplifying a variety of business processes. On the same day Mobilize.net sold SnowConvert to Snowflake, it also sold its application migration business unit to Growth Acceleration Partners. While only the acquisition of a set of tools and not the purchase of an entire company, Snowflake's acquisition of SnowConvert stands to benefit potential Snowflake...",
    "summary": "Snowflake has agreed to acquire SnowConvert, a suite of data migration tools, from Mobilize.net.",
    "location": "Bellevue, Washington, United States",
    "planning": true,
    "image_url": "https://imgproxy.divecdn.com/c8WsfT4WZlHJ5K0mLVafYUchO9a9CHD_23cy82xss7o/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9UZWNoVGFyZ2V0X2Jsb2ctaGVhZGVyMnguanBn.webp",
    "confidence": 0.95,
    "assets_tags": [
      "it"
    ],
    "published_at": "2026-10-28T02:33:02Z",
    "location_data": [
      {
        "city": "Bellevue",
        "state": "Washington",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Snowflake has reached an agreement to acquire SnowConvert, a suite of tools developed by Mobilize.net that enables users to migrate their on-premises data to Snowflake's cloud data warehouse.",
    "related_company_name": "Mobilize.net",
    "related_company_domain": "mobilize.net"
  }
}

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