Cloudera, a Palo Alto, CA-based provider of enterprise analytic data management platform powered by Apache Hadoop™, closed a $160m financing.
The round was led by T. Rowe Price, with participation from three other public market investors, Google Ventures and an affiliate of MSD Capital, L.P., the private investment firm for Michael S. Dell and his family.
The company, which has now raised $300m, intends to use the funds to expand into Europe and Asia, improve its services and support capabilities and scale the field and engineering organizations.
Led by Tom Reilly, chief executive officer, Cloudera provides enterprises with a built on Apache Hadoop™ platform to store, process and analyze all their data. It offers software for storage, access, management, analysis, security and search. The company, which has trained over 20,000 individuals worldwide, has over 900 partners and a professional services team.
FinSMEs
18/03/2014