MapR Technologies Closes $30M in New Funding

MapR Technologies, Inc., a San Jose, Calif.-based Hadoop enterprise-grade platform that supports a broad set of mission-critical and real-time production uses, closed a $30m Series C financing.

The round was led by new investor Mayfield Fund, with participation existing investors Lightspeed Venture Partners, NEA and Redpoint Ventures.

The company intends to use the funds for worldwide expansion (mainly in Asia Pacific) and continued investment in research and development.

Led by John Schroeder, CEO and Co-Founder, MapR Technologies provides the MapR Big Data Platform, which is being used in production deployments across financial services, government, healthcare, manufacturing, retail and Web 2.0 companies.
Last year, the compan launched its European operations with offices in London and Munich.



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