8 May, 2017
Does The World Need Cloudera?
Cloudera’s recent IPO was probably one of the most anticipated public offerings of the season.
The big data company, founded in 2008, was the first company to build a business around the professional deployment and support of Hadoop (MapR was created in 2009 and Hortonworks was founded in 2011). Since then, Cloudera has turned into an enterprise with offices in 28 countries and close to 1,500 employees. And the company, according to its S-1 filing, generated over $261M in 2016 and has a strong presence in the enterprise. To get there, it had to raised a total of $1.04B, $740M came from Intel in March 2014.