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Hortonworks raises $100M to grow engineering and company's ecosystem globally

Derrick Harris for GigaOm has the scoop:

Hadoop vendor Hortonworks has raised $100 million in a new round of venture capital led by BlackRock and Passport Capital. The company’s existing investors — Dragoneer, Tenaya Capital, Benchmark, Index Ventures and Yahoo — also participated in the latest round. Hortonworks CEO Rob Bearden said in an interview that the new funding will help Hortonworks scale its engineering efforts, grow the company’s ecosystem and scale its global operations.

Last week’s round E for Cloudera turned up to be $160 instead of the Bloomberg rumored $200.

These big rounds raised by the Hadoop pure-players are a confirmation of the Hadoop market. But I also think they can be explained by the tough competition Cloudera and Hortonworks are facing from large corporations like IBM, Teradata, Oracle, Microsoft. At least in terms of budget.

✚ While some of the above mentioned companies are partnering with at least one pure-play Hadooper — Cloudera, Hortonworks, MapR — that doesn’t mean they are not keeping an eye on the prize.

Original title and link: Hortonworks raises $100M to grow engineering and company’s ecosystem globally (NoSQL database©myNoSQL)

via: http://gigaom.com/2014/03/24/hortonworks-raises-100m-to-scale-its-hadoop-business/