Cloudera Raises $6 Million In Second Round

This story was written by Rory Maher.
Software company Cloudera has raised $6 million in a second round according to a press release issued this morning. The round brings total funds raised to date to $11 million, and was led by Greylock Partners with participation from existing investor Accel Partners. Greylock partner Aneel Bhusri will join Cloudera's board.

Cloudera's main product draws on open-source Hadoop Java software and helps companies, including websites but also energy and commodity businesses, manage and analyze large amounts of data that helps monitor performance of their operations. The company's teams includes former executives at Google (NSDQ: GOOG) and Facebook.


By Rory Maher

Comments

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

Watch Now

New Android App

For your Android phone and tablet, download the FREE redesigned app, featuring CBSN, live 24/7 news.

Download
The all new
CBS News App for Android® for iPad® for iPhone®
Fully redesigned. Featuring CBSN, 24/7 live news. Get the App