MapR Technologies Raises $50M in Equity Financing

MapRMapR Technologies, Inc., a San Jose, CA-based provider of a Converged Data Platform, raised $50m in equity financing.

The round was led by Future Fund, with participation from existing investors Google Capital, Lightspeed Venture Partners, Mayfield Fund, New Enterprise Associates, Qualcomm Ventures, and Redpoint Ventures.

The company has raised a total of $194m in equity to date.

Led by John Schroeder, founder and CEO, and Matt Mills, president, MapR Technologies provides a platform that enables organizations to create long-term value from their data. The solution leverages on-going development in open source technologies including Spark and Hadoop to deliver distributed processing, real-time analytics, and enterprise grade requirements across cloud and on-premise environments.
Amazon, Cisco, Google, HPE, Microsoft, SAP, and Teradata are part of the partner ecosystem.

Customers include American Express, Audi, Ericsson, JLL, Mizuho Bank, NTT, Philips, Qualcomm, and Rubicon Project.



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