| By Liz McMillan | Article Rating: |
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| July 22, 2009 03:15 PM EDT | Reads: |
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Cloudera, the commercial Hadoop company, announced that it has secured a Series B venture capital funding round led by Greylock Partners, bringing its total funding to date to more than $11 million. Aneel Bhusri, Partner at Greylock, has joined Cloudera's Board of Directors. Existing investor Accel Partners, which led the Series A round, also participated in the round.
With proven investments such as Red Hat and WorkDay, Greylock Partners brings deep expertise and operational experience in enterprise software, particularly in data management.
"Cloudera is uniquely positioned to take advantage of a large market opportunity around big data in the enterprise," said Aneel Bhusri, partner at Greylock Partners. "The rapid adoption of Hadoop/MapReduce, Cloudera's team of leading experts on big data who come from Facebook, Google, Oracle and Yahoo!, and their rapid customer acquisition strongly positions the company to lead this revolution in data management."
Cloudera's mission is to bring the Hadoop/MapReduce platform -- a powerful new way to store and manage vast volumes of data -- to the enterprise. The combination of under-utilized data within corporations and the new generation of data-intensive applications demand a new data analytics and data processing platform. Hadoop/MapReduce has proven to be the solution that can serve this new market need. Hadoop is already the data processing engine behind some of the world's largest and most popular Internet businesses. With this latest capital investment, Cloudera plans to drive the company's growth across all strategic functions including product development, training, support, sales, and marketing.
"Cloudera has all the ingredients to change the game and data management. The Hadoop technology has been proven to solve the big data problem, the founding team comes with the deepest implementation experience in Hadoop and MapReduce, and customer adoption and interest is accelerating. The growth we have seen since the company started just eight months ago has been very strong," said Ping Li, general partner at Accel Partners. "We firmly believe the company will become a category leader in a growing and new market around data management."
"We are thrilled to have Greylock on the Board to help take the company to the next phase of growth," said Mike Olson, CEO at Cloudera. "The expertise Accel, Greylock and our other investors bring will further accelerate Cloudera's penetration of the enterprise and Internet markets."
Cloudera's other investors include Diane Greene (former CEO of VMware), Marten Mickos (former CEO of MySQL), and Jeff Weiner (President of LinkedIn).
4th International Cloud Computing Conference & Expo
At the 4th International Cloud Computing Conference & Expo, November 2-4, 2009, being held in the Santa Clara Convention Center, Santa Clara, CA, more than 1,500 delegates will find out how cloud computing is transforming the way that enterprises everywhere build and deploy applications. Now held three times a year - in New York, Prague, and Santa Clara - the Cloud Computing Conference & Expo series is the fastest-growing Enterprise IT event, devoted to every aspect of delivering massively scalable enterprise IT as a service. The event is co-located with our 7th International Virtualization Conference & Expo.
More Than 100 Cloud Sessions by a Rock Star Faculty
4th International Cloud Computing Conference & Expo in November will offer 100+ technical breakout sessions, 120 speakers from 80+ leading companies, three top major industry keynotes, two Power Panels, SYS-CON.TV interviews with industry luminaries, product launches and other special events plus a 2-Day Expo Floor - there's no event with a technical program as wide and deep. If you're already a Cloud player - or would like to be - this is the one event to attend this year.
"Bringing the Economics of the Web to Enterprise IT Through Cloud Computing" is the conference theme and our organizing principle is that through our intensive three-day schedule of keynotes, and general and breakout sessions, attending delegates will be assured of leaving the Conference with abundant resources, ideas and examples they can apply immediately to leveraging the Cloud, helping them to maximize performance, minimize cost and improve the scale of their endeavors.
More Than 120 Companies Exhibited or Sponsored SYS-CON's 2008-2009 Events
Cloud Computing Conference & Expo 2008 - 20009 events were sponsored by more than 100 leading global cloud computing technology providers, including: 3PAR, 3Tera, Active Endpoints, Adobe, APC, Appcelerator, AppSense, Apptricity, AppZero, Aria Systems, Astaro, Bizwhazee, CA, Ceedo, Certeon, Composite Software, Cordys, Corporate Technologies, Curl, Cycle Computing, DataDirect, Denodo, DreamFace, EazyBusiness, EMC, ExactTarget, Farata Systems, Freedom OSS, Fujitsu, Good Data, Green Hills Software, Grid Dynamics, IBM, ICEsoft, iLOG, Install Free, Intel, Isomorphic, iTKO Lisa, J9 Technologies, jBoss, JnetDirect, Kaazing, Keynote Systems, Krugle, Layer 7 Technologies, Lightstreamer, LynuxWorks, M/Gateway Developments, Managed Methods, Maxworks, MeetTheBoss, Metron-Athene, Microsoft, MindSHIFT, Moderro, Mosso, MQSoftware, Nastel, Neotys, Netmagic, Nexaweb, OASIS, OpenSpan, OPNET, OpSource, Oracle, ParaScale, Platespin, Platform Computing, Qooxdoo, Quantum XML, Rackspace, Red Hat, Reflex Security, RightScale, RoundArch, RTI Real-Time Innovations, Sensedia, Skytap, Software AG, Splunk, Stoneware, Sun Microsystems, Super Micro Computer, Sybase, Symantec, Tap In Systems, Tranxition, TripWire, Virtera, Visual WebGui, VMware, Web Age Solutions, WSO2, Xsigo Systems, Zeus Technology.
Platinum Sponsorships Sold-Out! - 100 Sponsors and Exhibitors Expected at the Santa Clara Convention Center
4th International Cloud Computing Conference & Expo, colocated with 7th International Virtualization Conference & Expo 2009, which will take place November 2-4, 2009, at the Santa Clara Convention Center in Silicon Valley offers a number of sponsorship and exhibitor packages.
All platinum sponsorships were sold out by June 2009 and other sponsorship opportunities are expected to be sold out before the event date, and currently offered at a first-come first-served basis.
For sponsorship and exhibit opportunities please contact Cloud Computing Expo sales department at 201 802-3021 (events at sys-con.com).
Published July 22, 2009 Reads 977
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
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About Liz McMillan
Liz is Associate Online Editor at Ulitzer.com, the leading online news, information, and original content site with more than 1 million original articles, written by over 6,000 well-respected expert authors. Kym covers news on technologies including Cloud Computing, Virtualization, AJAX, Rich Internet Applications, SOA, and WOA. You can forward your press releases by email lizmcmillan.ulitzer.com.
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