Thursday, March 27, 2014

Hortonworks Raises $100 Million for Enterprise Hadoop

Hortonworks, a start-up based in Palo Alto, California, announced an oversubscribed $100 million funding round to support it enterprise Apache Hadoop solutions.

Hortonworks develops, distributes and supports a 100% open source Apache Hadoop data platform that deeply integrates with existing IT investments and upon which enterprises can build and deploy Hadoop-based applications. The company has deep relationships with the key strategic data center partners, including Microsoft, SAP, Teradata, HP and others.

The new funding round was led by funds managed by BlackRock and Passport Capital, joined by all existing investors.

http://www.hortonworks.com

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