Wednesday, June 26, 2013

HortonWorks Snags $50M For Hadoop Development

Palo Alto-based HortonWorks, the company which develops and supports the Apache Hadoop, big data software, has raised $50M in a new funding round. The funding came from Tenaya Capital, Dragoneer Investment Group, Benchmark, Index Venturse, and Yahoo. Hortonworks is a spinout of Yahoo. More information »