Big data is big. Although this valuation feels a bit like 1998... - TopicsExpress



          

Big data is big. Although this valuation feels a bit like 1998... Palo Alto-based Hadoop vendor Cloudera has closed a $900 million financing round after announcing today a $740 equity investment from Intel that gives Intel an 18% stake in the company. The round includes the $160 million from T. Rowe Price and Google Ventures announced earlier in March and brings Clouderas current valuation to about $4.1 billion. Founded in 2008, Cloudera has raised over $1 billion in funding to date and plans to go public later this year.
Posted on: Mon, 31 Mar 2014 16:53:33 +0000

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