Showing posts with label Cloudera. Show all posts
Showing posts with label Cloudera. Show all posts

Sunday, June 14, 2020

Cloudera launches Data Platform Private Cloud

Cloudera launched the culmination of its enterprise data cloud vision.

Cloudera Data Platform Private Cloud (CDP Private Cloud) is designed to seamlessly connect on-premises environments to public clouds with consistent, built-in security and governance.

CDP Private Cloud, built on Red Hat OpenShift and leverages a hybrid architecture, powered by Kubernetes, that separates compute and storage for greater agility, ease of use, and more efficient use of private and public cloud infrastructure. Together, Red Hat OpenShift and CDP Private Cloud help create a hybrid, multi-cloud data architecture, enabling teams to rapidly onboard mission-critical applications and run them anywhere, without disrupting existing ones. Companies can now collect, enrich, report, serve and model enterprise data for any business use case in any cloud.

“Now is the time for IT leaders to choose a data architecture for the next decade and break free from the limitations of legacy data cloud and point provider architectures,” said Arun Murthy, chief product officer, Cloudera. “CDP Private Cloud, running on Red Hat OpenShift, modernizes data platforms leveraging decoupled storage and compute with containers and Kubernetes to accelerate time value by 10x and ensures critical workloads meet their SLAs, realizing the vision of the enterprise data cloud.”

CDP Private Cloud is currently in beta with select customers. It is expected to be generally available later this summer.

Wednesday, March 13, 2019

Cloudera posts revenue of $145 million

Cloudera, which completed its merger with Hortonworks on January 3, 2019, reported total revenue of $144.5 million for its fourth quarter of fiscal 2019, ended January 31st, an increase of 37% from the fourth quarter of fiscal 2018. Subscription revenue was $123.0 million, an increase of 42% from the fourth quarter of fiscal 2018. GAAP loss from operations for the fourth quarter of fiscal 2019 was $87.0 million. For reference, GAAP loss from operations for the fourth quarter of fiscal 2018 was $38.1 million for standalone Cloudera. Non-GAAP loss from operations for the fourth quarter of fiscal 2019 was $30.2 million. For reference, non-GAAP loss from operations for the fourth quarter of fiscal 2018 was $9.0 million for standalone Cloudera.

"Our strong fourth quarter results showcase how customers are already embracing the new Cloudera's vision, as evidenced by early cross-sell motions to deliver data management and analytics from the Edge to AI," said Tom Reilly, chief executive officer, Cloudera. "Having completed the merger with Hortonworks, we are now squarely focused on delivering a powerful combined, integrated platform purpose-built for enterprise customers. Enterprises want an enterprise data cloud, which offers the flexibility of both hybrid and multi-cloud delivery, as well as the versatility of multi-function analytics, all with common security and governance. As the open source data management and analytics standard, we believe Cloudera is uniquely positioned to deliver these capabilities at the data layer, bring the enterprise data cloud to our more than 2,000 customers and lead this new market."

Wednesday, October 3, 2018

Cloudera and Hortonworks to merge, promising a single enterprise cloud platform

Cloudera (NYSE:CLDR) and Hortonworks (Nasdaq:HDP) agreed to a merger of equals with the goal of becoming "the world’s leading next-generation data platform provider, spanning multi-cloud, on-premises and the Edge."

The combination establishes the industry standard for hybrid cloud data management, accelerating customer adoption, community development, and partner engagement.

Cloudera, which is based in Palo Alto, California, began operations in 2008 as a hybrid open-source Apache Hadoop distribution. The company completed its IPO in April 2017. Cloudera has partnerships with AWS and Microsoft Azure.

Hortonworks, which is based in Santa Clara, California, was formed in June 2011 to supply open source software for enterprises. Hortonworks has partnerships with Google Cloud, Microsoft Azure, and IBM Cloud.



Tom Reilly, chief executive officer at Cloudera, stated, “Our businesses are highly complementary and strategic. By bringing together Hortonworks’ investments in end-to-end data management with Cloudera’s investments in data warehousing and machine learning, we will deliver the industry’s first enterprise data cloud from the Edge to AI. This vision will enable our companies to advance our shared commitment to customer success in their pursuit of digital transformation.”

“This compelling merger will create value for our respective stockholders and allow customers, partners, employees and the open source community to benefit from the enhanced offerings, larger scale and improved cost competitiveness inherent in this combination,” said Rob Bearden, chief executive officer of Hortonworks. “Together, we are well positioned to continue growing and competing in the streaming and IoT, data management, data warehousing, machine learning/AI and hybrid cloud markets. Importantly, we will be able to offer a broader set of offerings that will enable our customers to capitalize on the value of their data.”

The all-stock transaction, which has been unanimously approved by the Boards of Directors of both companies. Cloudera stockholders will own approximately 60% of the equity of the combined company and Hortonworks stockholders will own approximately 40%.

The combined company will have approximately $720 million in annual revenue, more than 2,500 customers, more than 800 customers over $100,000 ARR, and more than 120 customers over $1 million ARR.

The two companies have over $500 million in cash and no debt.


Tuesday, August 28, 2018

Cloudera Data Warehouse handles 50 PB loads

Cloudera Data Warehouse entered general availability status. The service is a modern hybrid cloud data warehouse for storing, analyzing and managing data in public clouds and on-premises. The company said its hybrid, cloud-native architecture routinely handles 50 PB data workloads, delivering sub-microsecond query performance and serving clusters with hundreds of compute nodes.

NYSE is using Cloudera to run over 80,000 queries a day on petabytes of data, while adding 30 TB of fresh data daily.

"Before Cloudera, several data warehouse appliances were necessary to support our complex analytic requirements including market surveillance and member compliance analysis. Because the warehouse appliances could not scale we were forced to silo our data by market," said Steve Hirsch, Chief Data Officer, Intercontinental Exchange / NYSE.

The company also announced the availability of Cloudera Altus Data Warehouse, a data warehouse as-a-service, built with the same Cloudera Data Warehouse hybrid, cloud-native architecture.


Wednesday, June 6, 2018

Cloudera posts Q1 revenue of $103 million, up 29% yoy

Cloudera, which specializes in enterprise analytic data solutions powered by Apache Hadoop, reported total revenue of $102.7 million for its first quarter fiscal 2019, ended April 30, 2018, an increase of 29% from the first quarter of fiscal 2018. GAAP loss from operations for the first quarter of fiscal 2019 was $50.4 million, compared to a GAAP loss from operations of $222.3 million for the first quarter of fiscal 2018. Non-GAAP loss from operations for the first quarter of fiscal 2019 was $24.4 million, compared to a non-GAAP loss from operations of $30.3 million in the year-ago period. GAAP net loss per share for the first quarter of fiscal 2019 was $0.35 per share. Non-GAAP net loss per share for the first quarter of fiscal 2019 was $0.17 per share.

"The rapidly connecting world is driving every enterprise in every industry to go through a digital transformation in order to remain competitive in this modern era. Data is the foundation of digital transformation. A completely new architecture and set of technologies is required for enterprises to leverage and gain meaningful insight from data," said Tom Reilly, chief executive officer. "To better-position Cloudera for the next evolution of the market -- machine learning, analytics and cloud -- we are focusing our innovation and go-to-market initiatives on these high growth areas and the line of business executives responsible for digital transformation."

Some highlights

  • Subscription revenue was up 33% year-over-year to $85.9 million
  • Subscription revenue represented 84% of total revenue, up from 81% in the first quarter of fiscal 2018
  • Non-GAAP subscription gross margin for the quarter was 85%, up from 84% in the first quarter of fiscal 2018
  • Dollar-based net expansion rate was 132% for the quarter





Tuesday, April 3, 2018

Cloudera posts quarterly revenue of $103M, up 42% yoy

Cloudera reported revenue was $103.5 million for its fourth quarter and fiscal year 2018, ended January 31, 2018, an increase of 42% from the fourth quarter of fiscal 2017. Subscription revenue was $84.3 million, an increase of 50% from the year-ago period.

GAAP loss from operations for the fourth quarter of fiscal 2018 was $45.7 million, compared to a GAAP loss from operations of $61.0 million for the fourth quarter of fiscal 2017. Non-GAAP loss from operations for the fourth quarter of fiscal 2018 was $16.6 million, compared to a non-GAAP loss from operations of $33.4 million in the year-ago period.

"It was a year of considerable accomplishment for Cloudera and our team. In our first few quarters as a public company, we introduced six major product offerings, completed a strategic acquisition, and delivered significant technological innovations -- with the open source community and also proprietary to our products," said Tom Reilly, chief executive officer at Cloudera. "Most enterprises are just embarking on their digital transformation journeys. In a rapidly evolving and disruptive market, we believe the investments we've made have us well-positioned to lead them on that journey."

Some highlights

  • Subscription revenue was up 50% year-over-year to $84.3 million
  • Non-GAAP subscription gross margin for the quarter was 86%, more than 200 basis points higher than the fourth quarter of fiscal 2017
  • Dollar-based net expansion rate was 136% for the quarter
  • International revenue grew 66% year-over-year
  • 32 net new Global 8000 customers added

Saturday, April 29, 2017

Cloudera Pops 20% on First Day of Trading

Shares in Cloudera (NYSE: CLDR) rose over 20% on their first day of trading to close at $18.09 and giving it a market cap of about $2.3 billion. The IPO price was $15.

Cloudera, which was founded in 2008 and is based in Palo Alto, California, specializes in enterprise analytic data solutions powered by Apache Hadoop. Cloudera's overall revenue was about $261 million last year, up significantly from the year before. The company has approximately 1,600 employees.

http://www.cloudera.com

Cloudera's Latest Funding Round Brings Up $900 Million

Cloudera confirmed that its latest funding round, which included a strategic investment from Intel, amounts to $900 million.  This financing round includes the previously-announced $160 million of funding from T. Rowe Price and three other top-tier public market investors, Google Ventures, and an affiliate of MSD Capital, L.P., the private investment arm of Michael Dell and his family, and a significant equity investment by Intel that gives them an 18% share of Cloudera.

“The market opportunity for companies to gain insight and build transformative applications based on Hadoop is tremendous,” said Tom Reilly, CEO of Cloudera. “Clearly, demand is accelerating and the market is poised for growth – for all of the players in this space, and we believe Cloudera will be the company to lead this global shift in extracting value from data. This position of strength and leadership is evidenced by the strong support of public market investors, large institutional investors and now key strategic investors including Intel, who’ve made sizable and significant contributions to cement our platform offering.”

Thursday, January 19, 2017

CenturyLink Pushes into Big Data as a Service with Cloudera

CenturyLink launched Big Data as a Service (BDaaS) with Managed Cloudera, a new managed service offering that combines CenturyLink’s expertise in data and advanced analytics, network, cloud and application services with the highly secure Apache Hadoop-based data management and analytics platform from Cloudera.

CenturyLink said its BDaaS is enhanced by adding data and advanced analytics consulting services supported by a deep bench of Cloudera-certified data scientists and Cloudera Hadoop solution administrators, developers and architects. The solution, bolstered by CenturyLink’s global high-speed network connectivity, provides storage, processing, and management components deployed on CenturyLink Cloud Bare Metal servers. The bare metal private cloud environments have been certified by Cloudera.

“Forward-thinking organizations around the world are quickly becoming more agile and responsive to their customers’ needs across all channels,” said Gary Gauba, chief enterprise relationship officer and president, Advanced Solutions Group, CenturyLink. “These enterprises are seeing significant competitive advantages by better leveraging their data, and our new managed service helps them achieve their big data objectives.”

http://www.centurylink.com

Sunday, March 27, 2016

Cloudera Acquires Data Analytics Start-up

Cloudera has acquired Sense, a start-up based in San Francisco that is developing a cloud-based platform from data analytics.  Financial terms were not disclosed.

The Sense platform enables users to collaborate and share data and analyses on a secure platform.

https://sense.io/
http://www.cloudera.com

Tuesday, May 5, 2015

Cloudera and Intel Accelerate Big Data Encryption by 2.5X

Cloudera and Intel have been able to achieve a 2.5X improvement in encryption off-load performance, enabling an entire Hadoop data set to be encrypted with a system overhead that ranges from only 1% to 4% depending on the workload.

The gains are made by optimizing Cloudera’s distribution, including Apache Hadoop, with the latest Intel Xeon processor with embedded Intel AES New Instructions (Intel AES-NI) has enabled more robust protection of critical enterprise data. As a result, full database encryption is now possible with minimal impact to system performance so that processing resources can run Hadoop jobs at a faster rate, and perform additional Hadoop jobs to accelerate business insights.

Cloudera also disclosed that following Intel’s $740M investment last year, its annual recurring subscription software revenue grew 100 percent year-over-year and enterprise subscription software customers grew by more than 85 percent.

http://www.cloudera.com/

Tuesday, February 17, 2015

Cloudera Exceeds $100 Million in Annual Revenue for Enterprise Hadoop

Cloudera, a start-up based in Palo Alto, California, disclosed that its unaudited annual revenue surpassed $100 million for its recently completed fiscal year.  Recurring subscription software revenue growth accelerated year over year to approximately 100%. In addition, total enterprise subscription software customers(4) grew by more than 85% to approximately 525; approximately 250 new logo customers were added during the year.

Cloudera also said its partner ecosystem, the largest in the industry, expanded beyond 1,450 companies, including new or enhanced partnerships with EMC Isilon, Microsoft, Red Hat, SAP, TCS and Teradata.

“Accelerating growth in the Hadoop market and in our own business can be directly attributed to the introduction of the enterprise data hub, now representing more than 60% of new business for Cloudera,” said Mike Olson, the company's Chief Strategy Officer and Co-founder. “In fact, our customers adopting an EDH are renewing and expanding their use of Hadoop at a faster rate than ever as they see increased value from Big Data.”

http://www.cloudera.com/content/cloudera/en/about/press-center/press-releases/2015/02/17/cloudera_s-leadership-within-the-apache-hadoop-community.html

Tuesday, February 3, 2015

Cloudera Acquires Xplain.io for Hadoop Analytics

Cloudera, which specializes in enterprise analytic data management powered by Apache Hadoop, has acquired Xplain.io, a start-up specializing in self-service analytics. Financial terms were not disclosed.

Xplain.io's product, "Big Data Integration Service" (BDIS), automates the design, integration, and optimization of data models that use SQL, NoSQL, and NewSQL technologies, enabling data architects to transform data models that dramatically accelerate Business Intelligence and applications.

Cloudera said the Xplain.io toolset will help its customers accelerate their enterprise data hub (EDH) deployments and make it easier for them to add more data and more complex workloads (automation, optimization, self-service) to their Cloudera environments.

"The business intelligence industry has demonstrated that analytics is moving to a self-service model," said Charles Zedlewski, vice president, Products, Cloudera. "The ability for end-users to find and analyze their own data makes teams more productive, companies more agile and frees BI experts for more value-added tasks. With the addition of Xplain.io technology and expertise, we have the opportunity to extend the self-service analytics revolution into the Hadoop platform itself."

http://www.cloudera.com
http://xplain.io/

Monday, October 20, 2014

Microsoft Builds Out its Azure Cloud - 19 Regions In Development

Microsoft aims to deliver the industry’s most complete cloud by pulling together Microsoft Azure, Office 365 and Microsoft Dynamics, said Satya Nadella, speaking at a company event in San Francisco.

Microsoft announced several enhancements to its hyper-scale, enterprise-grade, hybrid cloud platform, including the new Azure G-series of virtual machines and Premium Storage; the general availability of the Microsoft Cloud Platform System, powered by Dell; partnerships with Cloudera Inc. and CoreOS; and a new Azure Marketplace.

Some highlights:

  • Microsoft says worldwide demand for cloud computing continues to accelerate
  • A new Azure region goes online in Australia next week. 

  • By the end of 2014, Azure will be operational in 19 regions around the world — at least double the number of any other public cloud provider.
  • Azure is adding new G-series of Xeon-powered virtual machines and premium storage options. These are aimed at the highest performance tiers.  
  • A new Microsoft Cloud Platform System (CPS), powered by Dell, brings together Azure, Windows Server and Microsoft System Center to deliver an “Azure-consistent cloud in a box.” With pre-integrated hardware from Dell and software from Microsoft, CPS delivers learnings from Azure to customers and partners with the control of an on-premises appliance. CPS will be available for purchase on Nov. 3.
  • More than 40 percent of Azure revenue is coming from startups and ISVs.
  • The new Azure Marketplace will connect developers and enterprise customers. Docker Inc. and Oracles are the latest partners to join.
  • Cloudera, which specializes in enterprise analytic data management powered by Apache Hadoop, will be Azure certified by the end of 2014.
  • CoreOS, the popular container-based Linux operating system, is now available to all Azure customers -- broadens Microsoft’s support for Linux on Azure.

http://news.microsoft.com/2014/10/20/clouddaypr/
https://www.azureconf.net/speakers/#scottguthrie

Wednesday, July 2, 2014

Support Grows for Apache Spark in Big Data Streaming

Cloudera, Databricks, IBM, Intel, and MapR announced their collaboration to collectively broaden the range of tools and technologies in the Hadoop ecosystem that leverage Apache Spark as an underlying processing engine.

Apache Spark is an open-source data analytics cluster computing framework that promises to run programs up to 100x faster than Hadoop MapReduce in memory, or 10x faster on disk.

The companies said their new collaboration expands upon the Spark momentum to include several key Hadoop projects - starting with the Apache Hive SQL engine (Hive). Using Spark as the underlying execution engine, this effort will improve the performance of batch SQL jobs in Hive, while seamlessly maintaining compatibility with the core Hive code base.  The companies are also investigating ways to adapt Apache Pig to leverage Spark, as well as other popular tools, such as Sqoop and Search.

http://www.cloudera.com/content/cloudera/en/about/press-center/press-releases/2014/07/01/community-effort-driving-standardization-of-apache-spark-through.html

http://spark.apache.org/

Thursday, June 5, 2014

Cloudera Acquires Gazzang for Hadoop Encryption

Cloudera, which specializes in enterprise analytic data management powered by Apache Hadoop, has acquired Gazzang, a start-up working on big data security.  Financial terms were not disclosed.

Cloudera said the addition enables it to deliver enterprise-grade data encryption and key management for securing and processing sensitive and legally protected data within the Hadoop ecosystem, thus fulfilling a requirement in myriad compliance regulations like HIPAA-HITECH, PCI-DSS, FERPA and the EU Data Protection Directive.

Cloudera now offers encryption for all data-at-rest stored inside the Hadoop cluster - using an approach that is transparent to applications using the data, thereby minimizing the costs associated with enabling encryption.  The Gazzang team will now become the basis of a new Cloudera Center for Security Excellence whose focus includes:


  • Data and cluster security technologies - including "follow the data" authorization and encryption policies riding on Cloudera’s data lineage tracking capabilities.
  • Security testing and certification - including continuous vulnerability assessment, performance optimization, and developing regulatory compliance playbooks.
  • Security ecosystem partner enablement - developing security integration APIs and certifying partner products.


"Data security is no longer a checkbox for IT organizations or operations departments, it has become a top business priority," said Tom Reilly, chief executive officer, Cloudera. "At the same time compliance requirements for protecting data continue to expand in scope where data access comes under scrutiny. We’re entering a whole new era with the rise of the Industrial Internet and the Internet of Things where there is vastly more data being streamed from billions of devices. Centralizing and accessing that net-new data to unlock its value is therefore a challenge when you consider the security requirements. That’s what we’re solving now."

http://www.cloudera.com


  • Gazzang was headquartered in Austin, Texas and backed by Austin Ventures and Silver Creek Ventures.

  • In March 2014, Cloudera confirmed that its latest funding round, which included a strategic investment from Intel, amounted to $900 million.  This financing round includes the previously-announced $160 million of funding from T. Rowe Price and three other top-tier public market investors, Google Ventures, and an affiliate of MSD Capital, L.P., the private investment arm of Michael Dell and his family, and a significant equity investment by Intel that gives them an 18% share of Cloudera.
    Cloudera offers enterprise analytic data management software powered by Apache Hadoop, which is the underlying technology behind a growing number of Big Data projects.

Monday, March 31, 2014

Cloudera's Latest Funding Round Brings Up $900 Million

Cloudera confirmed that its latest funding round, which included a strategic investment from Intel, amounts to $900 million.  This financing round includes the previously-announced $160 million of funding from T. Rowe Price and three other top-tier public market investors, Google Ventures, and an affiliate of MSD Capital, L.P., the private investment arm of Michael Dell and his family, and a significant equity investment by Intel that gives them an 18% share of Cloudera.

“The market opportunity for companies to gain insight and build transformative applications based on Hadoop is tremendous,” said Tom Reilly, CEO of Cloudera. “Clearly, demand is accelerating and the market is poised for growth – for all of the players in this space, and we believe Cloudera will be the company to lead this global shift in extracting value from data. This position of strength and leadership is evidenced by the strong support of public market investors, large institutional investors and now key strategic investors including Intel, who’ve made sizable and significant contributions to cement our platform offering.”

Cloudera offers enterprise analytic data management software powered by Apache Hadoop, which is the underlying technology behind a growing number of Big Data projects.

Why so hot?  Cloudera cited the following indicators on its target market:

  • Gartner estimates the market for data management infrastructure (database management systems including data warehousing, storage management, BI, ECM and data integration, and related systems as $74 billion in 2014, growing to $94 billion by 2017.
  • IDC predicted the big data technology and services market will grow at a CAGR of 27% from 2012 to 2017, growing to $32.4 billion, and that the Internet of Things will generate 30 billion autonomously connected endpoints.
  • Gartner predicted that Big Data would drive $232 billion in IT spending through 2016.
  • IDC estimates that the amount of data in the world will grow fifty-fold from 2010 to 2020.


http://www.cloudera.com/content/cloudera/en/about/press-center/press-releases/release.html/?ReleaseID=1913444

Thursday, March 27, 2014

Intel Backs Cloudera for Apache Hadoop Data Management

Intel announced a significant equity investment and broad strategic alliance with Cloudera, a start-up specializing in Apache Hadoop-based data management software and services for enterprises.

Intel's equity investment makes it the largest strategic shareholder in Cloudera.  Financial terms were not disclosed.

Under the partnership, Cloudera's enterprise analytic data management software powered by Apache Hadoop will be optimized for data center architecture based on Intel Xeon technology. The goal is acceleration of customer adoption of big data solutions, making it easier for companies of all sizes to obtain increased business value from data by deploying open source Apache Hadoop solutions. Specifically, Cloudera will develop and optimize Cloudera's Distribution including Apache Hadoop (CDH) for Intel architecture as its preferred platform and support a range of next-generation technologies including Intel fabrics, flash memory and security. In turn, Intel will market and promote CDH and Cloudera Enterprise to its customers as its preferred Hadoop platform. Intel will focus its engineering and marketing resources on the joint roadmap.

Under the deal, Intel's Distribution for Apache Hadoop/Intel Data Platform (IDH/IDP) will be integrated into CDH and IDH/IDP and will be transitioned after v3.1 release at the end of March. To ensure a seamless customer transition to CDH, Intel and Cloudera will work together on a migration path from IDH/IDP. Cloudera will also ensure that all enhancements will be contributed to their respective open source projects and CDH.
 
"By aligning the Cloudera and Intel roadmaps, we are creating the platform of choice for big data analytics," said Diane Bryant, senior vice president and general manager of Intel's Data Center Group. "We expect to accelerate industry adoption of the Hadoop data platform and enable companies to mine their data for insights that inform the business. This collaboration spans our data center technology from compute to network, security and storage, and extends to our initiatives for the Internet of Things."

"Hadoop has changed the entire conversation around data," said Tom Reilly, chief executive officer, Cloudera. "Based on our ability to store, process and analyze all kinds of data, increasingly in new ways, the potential for advances in business, social and economic environments are vast. Teaming with Intel, the industry leader in data center technology innovation, presents an opportunity for us to layer Hadoop into a platform's core framework. The result is rapid performance improvements on workloads such as those extracting intelligent insight. Intel's vision for delivering open, performance optimized solutions for big data is synergistic to our vision to help companies accelerate time to achieving success."

http://www.intel.com
http://www.cloudera.com

Earlier this month, Cloudera, a start-up based in Palo Alto, California, announced $160 million in new venture funding support its Apache Hadoop-based data management software and services. The new funding round was led by T. Rowe Price, along with three other top-tier public market investors, and included an investment by Google Ventures and an affiliate of MSD Capital, L.P., the private investment firm for Michael S. Dell and his family. To date, Cloudera has raised $300 million in venture funding.

Cloudera said it will use the funding to further drive the enterprise adoption of and innovation in Hadoop and promote the enterprise data hub (EDH) market; support geographic expansion into Europe and Asia; expand its services and support capabilities; and scale the field and engineering organizations.

"Cloudera is successfully helping enterprises exploit 'big data' and manage the transition to becoming more data centric," said Henry Ellenbogen, Portfolio Manager, T. Rowe Price New Horizons Fund. "With strong leadership, an ability to innovate, a satisfied customer base, and a large partner community, we believe Cloudera is well positioned to build a durable and leading company in this space."

"We see broad demand from enterprises who want a flexible approach to handling large amounts of data, and we expect this market to continue to grow rapidly," said Google Ventures General Partner Karim Faris. "Cloudera is dramatically lowering the cost of reliable storage for the enterprise and is enabling the analysis and mining of large data sets in a way that wasn't possible before."

Recently, Cloudera brought to market the industry's first complete enterprise data hub.  The company said the key advantages for enterprise customers are:

  • Frees them from being dependent on expensive, specialized data storage and compute systems, and instead take advantage of the power of industry-standard server hardware and scale-out architecture;
  • Enables enterprises to store any amount of data, of any type, and keep it online as long as needed;
  • Ensures that data is secure and governed to meet enterprise requirements;
  • Makes it possible for customers to "bring compute to the data," to build a single unified data system rather than moving data around from one system to another;
  • Lets customers offload selected data and workloads from expensive, specialized data warehouse infrastructure to alleviate the pain of missed SLAs and degraded query performance;
  • Can accommodate huge and varied data sets for more meaningful and timely analytics and enable innovative security solutions, such as real-time anomaly detection without duplicating data or building custom, specialized solutions.

Wednesday, March 19, 2014

Cloudera Raises $160 Million for Enterprise Apache Hadoop

Cloudera, a start-up based in Palo Alto, California, announced $160 million in new venture funding support its Apache Hadoop-based data management software and services. The new funding round was led by T. Rowe Price, along with three other top-tier public market investors, and included an investment by Google Ventures and an affiliate of MSD Capital, L.P., the private investment firm for Michael S. Dell and his family. To date, Cloudera has raised $300 million in venture funding.

Cloudera said it will use the funding to further drive the enterprise adoption of and innovation in Hadoop and promote the enterprise data hub (EDH) market; support geographic expansion into Europe and Asia; expand its services and support capabilities; and scale the field and engineering organizations.

"Cloudera is successfully helping enterprises exploit 'big data' and manage the transition to becoming more data centric," said Henry Ellenbogen, Portfolio Manager, T. Rowe Price New Horizons Fund. "With strong leadership, an ability to innovate, a satisfied customer base, and a large partner community, we believe Cloudera is well positioned to build a durable and leading company in this space."

"We see broad demand from enterprises who want a flexible approach to handling large amounts of data, and we expect this market to continue to grow rapidly," said Google Ventures General Partner Karim Faris. "Cloudera is dramatically lowering the cost of reliable storage for the enterprise and is enabling the analysis and mining of large data sets in a way that wasn't possible before."

Recently, Cloudera brought to market the industry's first complete enterprise data hub.  The company said the key advantages for enterprise customers are:

  • Frees them from being dependent on expensive, specialized data storage and compute systems, and instead take advantage of the power of industry-standard server hardware and scale-out architecture;
  • Enables enterprises to store any amount of data, of any type, and keep it online as long as needed;
  • Ensures that data is secure and governed to meet enterprise requirements;
  • Makes it possible for customers to "bring compute to the data," to build a single unified data system rather than moving data around from one system to another;
  • Lets customers offload selected data and workloads from expensive, specialized data warehouse infrastructure to alleviate the pain of missed SLAs and degraded query performance;
  • Can accommodate huge and varied data sets for more meaningful and timely analytics and enable innovative security solutions, such as real-time anomaly detection without duplicating data or building custom, specialized solutions.


http://www.cloudera.com