Thursday, December 6, 2012

Cloudera Gets Big $65M Funding Round

Palo Alto-based Cloudera said late Thursday that it has raised $65M in a funding round. The round was led by Accel Partners, and also include Greylock Partners, Ignition Partners, In-Q-Tel, and Meritech Capital Partners. Cloudera develops Apache Hadoop software used for big data projects in the enterprise market. The firm said the funding will go towards sales growth and development. Cloudera is led by Mike Olson. The new funding round brings the company's total raised to $141M. More information »