Cloudera to raise $200m from investors including Intel – report

By John Leonard
18 Mar 2014 View Comments

Hadoop distributor Cloudera is seeking to raise at least $200m in a new round of financing, sources have told Bloomberg.

It is thought that Intel is among the potential investors, although this has not been confirmed or denied by either party.

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Previous investors in Cloudera have included a consortium of Accel Partners, Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners who last invested $65m in December 2012. In total the company has raised around $140m since it was founded in 2010. The sources told Bloomberg the latest investment would give Cloudera a valuation of about $2bn.

If true, the latest deal would significantly raise Cloudera's profile in an increasingly competitive field that includes Hadoop distributors Hortonworks and MapR as well as big data offerings from majors IBM, EMC and others, not only because of the monetary value, but also because of the partnership with Intel - which has a Hadoop distribution of its own.

Cloudera also features for the first time in the Gartner Magic Quadrant for datawarehousing, where it occupies a position in the "Niche Players" quadrant, along with MarkLogic, InfiniDB, Exasol and Infobright.

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