MapR Technologies Locates $30 Million
CEO: John Schroeder
MapR Technologies (http://www.mapr.com), developer of a big data analytics system based on the popular Hadoop platform, snagged $30 million in third-round funding in March. The funding, led by new investor Mayfield Fund, brings the total amount of the San Jose, Calif.-based company's financing to $59 million. Other investors included Lightspeed Venture Partners, NEA and Redpoint Ventures, which all participated in earlier funding rounds.
MapR Technologies' software is built on a distribution of the open-source Apache Hadoop platform and HBase database from the Apache Software Foundation. The company extends Hadoop with a range of capabilities, including system recovery, mirroring, multitenancy and advanced data management -- all needed for mission-critical applications by businesses.