Concurrent Raises $4 Million for Open Source Cascading Big Data App Framework
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Concurrent announced this week that it has raised $4 million in a Series A funding round.
"The whole Big Data space is frothy, so a lot of VCs have approached Concurrent to put money in," Concurrent CEO Gary Nakamura told Enterprise Apps Today. "The timing is pretty good, since Cascading as a development framework for Big Data applications has accelerated over the last 12 months, to the tune of 75,000 downloads a month."
Nakamura explained that Big Data Hadoop adopters are now starting to move into the next phase of adoption maturity. While the initial phase is typically about small nodes and trial applications, the phase that Nakamura now sees evolving is one in which mainstream enterprises start deploying clusters of Hadoop with 100 nodes or more and running applications on top.
"Cascading is really taking off mostly because it's a simple way to build applications and it obfuscates the complexity of Hadoop," Nakamura said.