Intel Takes Massive $740 Million Stake in Cloudera | Re/code

More Cloudera deal details

"Cloudera today disclosed that the $160 million funding round it announced two weeks ago has grown to $900 million, and that Intel’s investment is sufficient to give it an 18 percent ownership stake. By my math, that would value Cloudera at about $4.1 billion, or nearly six times its valuation in its previous funding round, when it was valued at about $700 million.

The deal has a lot of important implications. Cloudera has in recent months sought to compare itself not to other Hadoop players like Hortonworks and MapR, and EMC’s Pivotal, but as a competitive threat to larger and more established suppliers of business analytics software like IBM and Teradata."

Intel Takes Massive $740 Million Stake in Cloudera | Re/code