Showing posts with label Hortonworks. Show all posts
Showing posts with label Hortonworks. Show all posts

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.


Monday, June 18, 2018

Hortonworks adds containerization, new Azure, Google Cloud capabilities

Hortonworks, which offers enterprise Apache Hadoop solutions, added new enterprise features including containerization for faster and easier deployment of applications, as well as new collaborations with Microsoft Azure and Google Cloud.

The enhancements in the latest Hortonworks Data Platform (HDP) 3.0, which is based on Apache Hadoop 3.1, include:

  • Agile application deployment via containerization, which enables apps to be launched quickly, allowing users to save time and resources.
  • Support for deep learning applications, allowing customers to run workloads such as machine learning and deep learning that require substantial – and expensive – GPU resources. This feature leverages pooling and isolation which enables data scientists to democratize and share GPU access.
  • Real-time database, delivering improved query optimization to process more data at a faster rate by unifying the performance gap between low-latency and high-throughput workloads. Enabled via Apache Hive 3.0, HDP 3.0 offers the only unified SQL solution that can perform interactive query at scale – regardless of whether the data lives on-premises or in the cloud.
  • Enhanced security and governance, promoting greater regulatory compliance, including GDPR, through full chain of custody of data as well as fine-grained auditing of events. These new features offer the unique ability to track the lineage of data from its origin to the data lake. It also enables auditors to view data without making changes, have time-based policies and audit events around third parties with encryption protection.

Hortonworks, is expanding its six-year partnership with Microsoft, to give enterprise customers greater agility and flexibility when moving big data workloads to the cloud. The collaboration now gives customers more choice as to where their analytic and Internet of Things data workloads run. Specifically, customers can deploy Hortonworks Data Platform (HDP), Hortonworks DataFlow (HDF) and Hortonworks DataPlane Service (DPS) products natively on Microsoft Azure infrastructure as a service (IaaS) to extract value from data of all types. Additionally, customers can also use Microsoft Azure HDInsight, a fully managed service powered by Hortonworks Data Platform, which delivers Apache Hadoop and Apache Spark.

Hortonworks is also expanding its existing partnership with Google Cloud to deliver next-gen big data analytics for hybrid cloud deployments. Specifically, HDP now integrates with Google Cloud Storage, which offers consistent cloud storage for running big data workloads. On-demand analytics workloads can be spun up in minutes with no up-front cost and unlimited elastic scale. It also enables Apache Hive and Apache Spark can be leveraged for interactive query, machine learning and data analytics.

Wednesday, February 10, 2016

Hortonworks Sees Q4 Revenues Rise 196%

Hortonworks reported revenue of $37.4 million for the fourth quarter of 2015, an increase of 196 percent compared to the fourth quarter of 2014. Gross billings were $52.1 million for the quarter, a 63 percent increase over gross billings of $31.9 million in the same period last year. There was a GAAP gross profit of $21.7 million for the fourth quarter of 2015, compared to gross loss of $46.2 million in the same period last year.

"We are pleased with our fourth quarter performance, which was highlighted by support subscription revenue growth of 146% year-over-year," said Rob Bearden, chief executive officer and chairman of the board of directors of Hortonworks. "We more than doubled our customer base in 2015 and exited the year with over 800 customers. As evidenced by our 159% dollar-based net expansion rate over the trailing four quarters, we are excited to serve as the preferred IT partner during this transformational period in the data management industry."

http://www.hortonworks.com

Sunday, August 30, 2015

Hortonworks to Acquire Onyara for Apache NiFi Expertise

Hortonworks agreed to acquire Onyara, Inc., the creator of and key contributor to Apache NiFi, a top-level open source project. Financial terms were not disclosed.

Hortonworks,  which offers enterprise Apache Hadoop solutions, said the deal will help its customers to automate and secure data flows and to collect, conduct and curate real-time business insights and actions derived from data in motion. As a result of the acquisition, Hortonworks is introducing Hortonworks DataFlow powered by Apache NiFi which is complementary to its Open Enterprise Hadoop platform, Hortonworks Data Platform (HDP).

Apache NiFi was made available through the NSA Technology Transfer Program in the fall of 2014. Over the past eight years, Onyara’s engineers were the key contributors to the U.S. government software project that evolved into Apache NiFi. In July 2015, NiFi became a Top-Level Project, signifying that its community and technology have been successfully governed under the Apache Software Foundation.

“Hortonworks is focused on doing everything possible to enable our customers to transform their business through data-driven insights and actions,” said Rob Bearden, chief executive officer at Hortonworks. “Onyara’s impressive work on security and simplicity in NiFi, combined with their commitment to open source makes for a perfect addition to our technology team.”

http://nifi.apache.org
http://www.onyara.com/

Wednesday, August 5, 2015

Hortonworks Hits Revenue of $30.7 million, up 154% YoY

Hortonworks, which specializes in Open Enterprise Hadoop, reported Q2 revenue of $30.7 million, an increase of 154 percent over the $12.1 million in the second quarter of 2014. There was a total GAAP gross profit of $17.5 million for the second quarter of 2015, compared to gross profit of $5.5 million in the same period last year.

"We are very pleased with our second quarter performance which was highlighted by support subscription revenue growth of 178% year-over-year and solid customer momentum with the addition of 119 new support subscription logos," said Rob Bearden, chief executive officer and chairman of the board of directors of Hortonworks. "As leading enterprise organizations continue to deploy the Hortonworks Data Platform in production at scale, as evidenced by our 144% dollar-based net expansion rate over the trailing four quarters, we could not be more thrilled to serve as their trusted IT partner during this transformational period in the data management industry."

http://hortonworks.com/

Monday, April 13, 2015

Hortonworks to Acquire SequenceIQ for Launching Hadoop Clusters in the Cloud

Hortonworks, which offers enterprise Apache Hadoop solutions, agreed to acquire SequenceIQ, an open source provider of rapid deployment tools for Hadoop. Financial terms were not disclosed.

SequenceIQ, which was founded in February 2014, allows organizations to deploy secure and elastic HDP clusters in a consistent manner across the entire analytics application lifecycle. Simple set up will now allow customers to launch HDP into any major cloud platform, including Microsoft Azure, Amazon Web Services, Google Cloud Platform and OpenStack. SequenceIQ also optimizes these deployments via policy-based autoscaling that expands and contracts clusters based upon actual usage metrics. Its products include Cloudbreak, an elastic and cloud agnostic deployment solution for HDP clusters, and Periscope, which provides policy-based autoscaling for multi-tenant HDP clusters.

Hortonworks said the acquisition will enable it to deliver a consistent and automated solution for launching on-demand Hadoop clusters in the cloud or to any environment that supports Docker containers. The transaction is expected to close in Q2. Upon close, Hortonworks will incorporate SequenceIQ technology into the Hortonworks Data Platform (HDP) and ultimately transition the technology to the Apache Software Foundation.

"The SequenceIQ team has developed key tools that allow enterprises to efficiently automate the launching of Hadoop clusters on any cloud infrastructure platform across the entire lifecycle, from proof-of-concept to development, test and production," said Rob Bearden, chief executive officer of Hortonworks. "This acquisition complements our strategy of providing enterprise customers the broadest choice of consumption options for Hortonworks Data Platform, from on-premise deployments to cloud architectures."

"SequenceIQ and Hortonworks are aligned on providing customers an automated method for launching on-demand Hadoop clusters with policy-based autoscaling across public or private clouds within minutes," said Janos Matyas, co-founder and chief technology officer of SequenceIQ. "We are excited to be joining the Hortonworks team to deliver on this vision and look forward to continuing our work within the open source community."

http://www.hortonworks.com

Friday, December 12, 2014

Hortonworks Soars in IPO

Shares in Hortonworks, which offers enterprise Apache Hadoop solutions, soared on Friday from an IPO price of $16.00 to close at $26.48 - up 65% for the first day.  The share are traded on the NASDAQ Global Select Market under the symbol “HDP.”

Hortonworks raised approximately $100 million through the IPO.  The company is based in Palo Alto, California.

http://hortonworks.com/


  • 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.

Tuesday, November 11, 2014

Hortonworks Files for IPO

Hortonworks, a start-up based in Palo Alto, California, filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.

Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC will act as joint lead book-running managers for the offering, RBC Capital Markets, LLC will act as book-running manager, and Pacific Crest Securities LLC, Wells Fargo Securities, LLC and Blackstone Capital Markets will act as co-managers.

http://hortonworks.com/press-releases/hortonworks-files-registration-statement-sec-initial-public-offering/


  • 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.
  • In July 2014, HP announced a $50 million equity investment in Hortonworks, a start-up based in Palo Alto, California, that offers enterprise Apache Hadoop solutions. The companies said the investment builds on the reseller agreement put in place last year. The companies also plan to integrate the Hortonworks Data Platform with key HP technologies including the marquee HP HAVEn offering.
  • In March 2014, Hortonworks announced an oversubscribed $100 million funding round to support it enterprise Apache Hadoop solutions. The new funding round was led by funds managed by BlackRock and Passport Capital, joined by all existing investors.

Thursday, July 24, 2014

HP Bets $50 Million on Hortonworks for Hadoop

HP is making a $50 million equity investment in Hortonworks, a start-up based in Palo Alto, California, that offers enterprise Apache Hadoop solutions. The companies said the investment builds on the reseller agreement put in place last year.

The companies also plan to integrate the Hortonworks Data Platform with key HP technologies including the marquee HP HAVEn offering.

http://hortonworks.com/blog/hp-hortonworks-deepen-relationship/

In March 2014, Hortonworks 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

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

See also