Hortonworks And Actifio Raise $100M In Financing -- Each!
Any company that raises $100 million in venture capital is likely to make our "Came to Win" list. Not one, but two companies managed to hit that lofty financing goal this week.
Hortonworks, a supplier of Hadoop big data software, raised $100 million from BlackRock, Passport Capital and others, bringing its total to $198 million in venture funding since its 2011 launch. The company will use the money to expand its global operations and partner ecosystem.
Actifio, a developer of technology that businesses use to manage all copies of their data, raised $100 million from Tiger Global Management and other investors, bringing its total funding to about $207 million. It plans to use the money to expand its go-to-market efforts.