Business Cloud News
distributed file systemsRSS

Cloudera scores $160m from Google, other tech investors as big data makes headway in enterprises

Cloudera secured $160m from leading tech investors in the latest round of funding. Will it go public, or get acquired before it has a chance?

Big data platform specialist Cloudera announced Wednesday that the company has secured $160m in funding from T. Rowe Price, Google Ventures, and MSD Capital (Michael Dell’s private investment firm) among others. The company said the funding bolsters its leadership in the sector and will help accelerate the Hadoop specialist’s growth as enterprise adoption of distributed file systems hits the mainstream.

@BizCloud
News