Hadoop Vendor Cloudera Lands $65 Million VC Round
Cloudera, in another sign of the booming popularity of Hadoop, scored a $65 million Series E round of venture capital funding, according to an All Things Digital report. Cloudera combines its distribution of the open-source Hadoop software with developer tools, technical support, training programs, and sales and marketing resources to make it easier for enterprises to adopt the technology. The Boston-based startup has raised some $140 million to date. All Things Digital's sources said this gives it a valuation in the neighborhood of $700 million.