Cloudera Raises $65M in Funding

Cloudera, a Palo Alto, CA-based Real-Time platform for Big Data, has raised $65m in funding.

The round was led by Accel Partners, with participation from Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners.

The company plans to use the capital for global expansion and product development. Cloudera will establish a European headquarters in the United Kingdom in the first quarter of next year.

Led by Mike Olson, CEO, the company offers a packaged solution for enterprise customers (Cloudera Enterprise), which provides support and management to ensure production-ready deployment of CDH4, the widely deployed and proven commercial distribution of Apache Hadoop. Customers include AOL, CBS, EBay, Expedia, Experian, JP Morgan Chase, Monsanto, Morgan Stanley, Network Appliance, Nokia, RIM, and The Walt Disney Company. Cloudera has more than 400 partners, over 50 certified technologies and 15 certified connectors.

FinSMEs

07/12/2012

Related News
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