Tuesday, March 18, 2014

Cloudera Said to Raise at Least $200 Million in Funding - Bloomberg

More big bets on big data

"Cloudera Inc. is raising at least $200 million in a new round of financing from investors including Intel Corp., according to people with knowledge of the situation.
The fundraising values the maker of open source database software at more than $2 billion, said one of the people, who asked not to be identified because the information isn’t public. The Palo Alto, California-based company has raised more than $14O million in total from investors including Accel Partners, Greylock Partners and Ignition Partners. Cloudera last raised $65 million in December 2012, according to its website."
Cloudera Said to Raise at Least $200 Million in Funding - Bloomberg

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