MapR raises $110 million, aims to expand enterprise footprint

MapR raises $110 million, aims to expand enterprise footprint

Summary: MapR's tools are used for big data and analytics, but the space is crowded with the likes of Cloudera and Hortonworks as well as IBM, EMC's Pivotal and others.

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MapR Technologies, which provides an enterprise Hadoop distribution used for marketing, operations and security, said it raised $110 million in financing led by Google Capital, Qualcomm and existing adventures.

The company said the round also includes $30 million in debt led by Silicon Valley Bank.

MapR's tools are used for big data and analytics, but the space is crowded with the likes of Cloudera and Hortonworks. Meanwhile, Cloudera's distribution of Hadoop is increasingly being included in hardware appliances from Dell and others. In addition, well-funded enterprise giants such as IBM and EMC's Pivotal are playing in the Hadoop and big data space. Here's a look at Forrester's Wave on Hadoop options:

hadoop forrester


Simply put, MapR will need the financing to hold its ground and effectively compete. The company said it will use the funding to build out its go-to-market strategy, expand its vertical reach and invest in open source projects such as Apache Drill, Hadoop 2.2 with YARN and Apache Spark.

In addition to Google and Qualcomm Ventures, Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures participated in the financing.

Topics: Enterprise Software, Big Data, Open Source

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