Cloudera raises $160m for Hadoop big data push

Summary:Cloudera has secured another $160m funding to continue its work building and supporting software on top of the Hadoop big data framework.

Big data specialist Cloudera has raised another $160m in funding from a consortium of backers, including Google's investment arm.

Cloudera specialises in building and supporting tools on top of Hadoop, the software framework that allows data to be processed by clusters of commodity hardware, and which is used for data warehousing and big data analytics.

Cloudera's distribution of Hadoop (CDH) includes various integrated tools to help businesses store and analyse data in Hadoop clusters. CDH offers software to support real-time SQL and search engine queries, machine learning, security, and stream and batch data processing.

While there are many distributions of Hadoop, CDH is one of the most commonly used . Other popular distributions are released by Hortonworks, MapR, and the EMC and VMware joint venture Pivotal.

The $160m funding was secured from investors led by T. Rowe Price, and included an investment by Google Ventures – the investment arm of Google - and an affiliate of MSD Capital, L.P., the private investment firm for Michael Dell. It brings the amount Cloudera has raised from venture funding to $300m.

Along with Cloudera earning the backing of Michael Dell and Google, Intel is also reported to be investing in the company, though a spokesman for the chip maker would not confirm this.

Cloudera will use the funding to promote and develop its software and services and support expansion into Europe and Asia.

"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," Google Ventures general partner Karim Faris said in a statement.

"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."

Read more on big data

Topics: Big Data, Enterprise Software

About

Nick Heath is chief reporter for TechRepublic UK. He writes about the technology that IT-decision makers need to know about, and the latest happenings in the European tech scene.

Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.