Palo Alto-based Hadoop vendor Cloudera has closed a $900 million financing round

image

Palo Alto-based Hadoop vendor Cloudera has closed a $900 million financing round after announcing today a $740 equity investment from Intel that gives Intel an 18% stake in the company.

The round includes the $160 million from T. Rowe Price and Google Ventures announced earlier in March and brings Cloudera’s current valuation to about $4.1 billion.

Founded in 2008, Cloudera has raised over $1 billion in funding to date and plans to go public later this year.

By Jarrett Neil Ridlinghafer 
CTO of the following –
4DHealthware.com
Synapse Synergy Group
EinDrive.com
HTML5Deck.com
PerfectCapacity.com
CSPComply.com
Chief Technology Analyst, Author & Consultant
Compass Solutions, LLC
Atheneum-Partners
Hadoop Magazine
BrainBench.com
Cloud Consulting International

Advertisements