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Cloudera raises $160m for Hadoop big data push

19/03/2014 by

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Big data specialist Cloudera has raised another $160m in funding from a consortium of backers, including Google’s investment arm.

Cloudera specialises in building and supporting tools on top of Hadoop, the software framework that allows data to be processed by clusters of commodity hardware, and which is used for data warehousing and big data analytics.

Cloudera’s distribution of Hadoop (CDH) includes various integrated tools to help businesses store and analyse data in Hadoop clusters. CDH offers software to support real-time SQL and search engine queries, machine learning, security, and stream and batch data processing.

Big data specialist Cloudera has raised another $160m in funding from a consortium of backers, including Google’s investment arm.

Cloudera specialises in building and supporting tools on top of Hadoop, the software framework that allows data to be processed by clusters of commodity hardware, and which is used for data warehousing and big data analytics.

Cloudera’s distribution of Hadoop (CDH) includes various integrated tools to help businesses store and analyse data in Hadoop clusters. CDH offers software to support real-time SQL and search engine queries, machine learning, security, and stream and batch data processing.

While there are many distributions of Hadoop, CDH is one of the most commonly used. Other popular distributions are released by Hortonworks, MapR, and the EMC and VMware joint venture Pivotal.

The $160m funding was secured from investors led by T. Rowe Price, and included an investment by Google Ventures – the investment arm of Google – and an affiliate of MSD Capital, L.P., the private investment firm for Michael Dell. It brings the amount Cloudera has raised from venture funding to $300m.

Along with Cloudera earning the backing of Michael Dell and Google, Intel is also reported to be investing in the company, though a spokesman for the chip maker would not confirm this.

The $160m funding was secured from investors led by T. Rowe Price, and included an investment by Google Ventures – the investment arm of Google – and an affiliate of MSD Capital, L.P., the private investment firm for Michael Dell. It brings the amount Cloudera has raised from venture funding to $300m.

Along with Cloudera earning the backing of Michael Dell and Google, Intel is also reported to be investing in the company, though a spokesman for the chip maker would not confirm this.

This article has been extracted from http://www.zdnet.com, please click on this link to read the article in full http://www.zdnet.com/cloudera-raises-160m-for-hadoop-big-data-push-7000027468/

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