Cloudera Receives $160,000,000 New Financing

  • Feed Type
  • Date
    3/18/2014
  • Company Name
    Cloudera
  • Mailing Address
    220 Portage Ave. Palo Alto, CA 94306 USA
  • Company Description
    Cloudera was founded to provide enterprise-level support to users of Apache Hadoop. Our founding team has deep expertise in commercial use of open source software and Hadoop.
  • Website
    http://www.cloudera.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $160,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Cloudera will use the funding to: further drive the enterprise adoption of and innovation in Hadoop and promote the enterprise data hub (EDH) market; support geographic expansion into Europe and Asia; expand its services and support capabilities; and scale the field and engineering organizations.
  • M&A Terms
  • Venture Investor
    T. Rowe Price
  • Venture Investor
    Google Ventures
  • Venture Investor
    MSD Capital

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