Big Data Firm Cloudera Closes $65m Round

US-based big data analytics specialist Cloudera has closed a $65m investment round, which it will use to drive global sales, fuel development of its platform, and open a European headquarters in the UK.

Palo Alto-based Cloudera was launched in 2008 by engineers from Google, Yahoo! and Facebook, plus former Oracle exec Mike Olson, who serves as CEO. The firm's Cloudera Enterprise platform helps clients draw insight from structured and unstructured data using Apache Hadoop technology.

The company raised $5m in 2009 from Accel Partners, and last year a further $40m from Ignition Partners, Accel Partners, Greylock Partners, Meritech Capital Partners and In-Q-Tel. The latest round comprised the same five investors, led by Accel Partners.

Olson comments: 'This new investment will speed the expansion of our sales and support operations to meet increasing enterprise demand for our real-time, Hadoop-based platform, as we scale to address the enormity of this global market opportunity. The way forward is clear and our mission is simple: we will shape and define the next generation of big data management solutions for the enterprise'.

Web site: www.cloudera.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.