Hortonworks Secures $50,000,000 New Funding Round

  • Feed Type
  • Date
    6/25/2013
  • Company Name
    Hortonworks
  • Mailing Address
    3460 West Bayshore Rd. Palo Alto, CA 94303
  • Company Description
    Hortonworks is focused on accelerating the development and adoption of Apache Hadoop(tm). Together with the Apache community, we are making Hadoop more robust and easier to install, manage and use. We also provide support and training for Apache Hadoop.
  • Website
    http://www.hortonworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With this funding we will focus on both scaling global field operations as well as further investing in our engineering organization. It will enable us to increase the rate of innovation across all of the Hadoop projects.
  • M&A Terms
  • Venture Investor
    Dragoneer Investment Group
  • Venture Investor
    Tenaya Capital
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Index Ventures
  • Venture Investor
    Yahoo!

By posting a comment, you agree to our terms and conditions.