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Cloudera Funding Tops $300 Million for Big Data

The Big Data world continues to attract attention both in terms of users and in terms of funding. In the world of Big Data, Hadoop is king. At the pinnacle of the Hadoop ecosystem sits commercial vendor Cloudera, which this week announced it has raised a new $160 million round of funding. To date, Cloudera has garnered $300 million in venture capital to fuel its Hadoop-powered Big Data dreams.

"The market opportunity for Hadoop and enterprise data hubs will be measured in the tens of billions of dollars," Cloudera CFO, Jim Frankola told Enterprise Apps Today. "The technology is both pervasive and disruptive."

Read the full story at EnterpriseAppsToday:
Hadoop Provider Cloudera Raises $160M in New Funding

Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.