Pepperdata, a Sunnyvale, California-based Hadoop cluster optimization software, secured more than $15m in venture capital financing.
The round was led by new investor Wing Venture Capital with participation from Signia Venture Partners, Maynard Webb, Citi Ventures and Silicon Valley Data Capital, Sand Hill East Ventures, Morado Ventures, Jerry Yang, Vish Makhijani, and Andy Ludwick. In conjunction with the funding, Peter Wagner, Founding Partner of Wing, joined the board of Pepperdata.
The company, which has now raised $20m in total, intends to use the funds to expand the global reach and presence of its sales and marketing operations, and accelerate product innovation to support applications beyond traditional Hadoop.
Led by Sean Suchter, CEO and co-founder, Pepperdata allows enterprises across a range of industries, including consumer electronics, media, finance, telecommunications, and energy to optimeze Hadoop clusters in real-time. Its optimizer dynamically adjusts cluster utilization based on customer priorities. Pepperdata installs on existing clusters and works with any Hadoop distribution, including Cloudera, Hortonworks, IBM, MapR, and Apache.
FinSMEs
16/04/2015