Cloudera
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Company type | Private |
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Industry | Software Cloud computing |
Founded | June 27, 2008 |
Founders | Christophe Bisciglia Amr Awadallah Jeff Hammerbacher Mike Olson |
Headquarters | Santa Clara, California,U.S. |
Key people | Charles Sansbury (CEO) Abhas Ricky (CSO) Frank O'Dowd (CRO) |
Products | Analyticstools Big datatools Data engineeringtools Data sciencetools Data warehousingtools ETL Machine learningtools Streaming datatools |
Services | Cloud data platform |
Owner | Clayton, Dubilier & Rice Kohlberg Kravis Roberts |
Website | www |
Footnotes / references [1][2] |
Cloudera, Inc.is an Americandata lakesoftware company.
History
[edit]Cloudera, Inc. was formed on June 27, 2008 inBurlingame, CaliforniabyChristophe Bisciglia,Amr Awadallah,Jeff Hammerbacher,and chief executive Mike Olson.[3]Prior to Cloudera, Bisciglia, Awadallah, and Hammerbacher were engineers atGoogle,Yahoo!,andFacebookrespectively,[3]and Olson was a database executive atOracleafter his previous companySleepycatwas acquired by Oracle in 2006.[4]The four were joined in 2009 byDoug Cutting,a co-founder of Hadoop.[5]
Cloudera originally offered a free product based onHadoop,earning revenue by selling support and consulting services around it.[3]In March 2009, the company began offering a commercial distribution of Hadoop.[6]
In 2009 the company received a $5 million investment led byAccel Partners.[7]This was followed by a $25 million funding round in October 2010[8]and a $40M funding round in November 2011.[9]
In June 2013, Olsen transitioned from CEO to chairman of the board and chief strategy officer. Tom Reilly, former CEO ofArcSight,was appointed CEO.[10]
In March 2014, Cloudera raised another $160 million in funding fromT. Rowe Priceand other investors.[11][12][13]Intelinvested $740 million in Cloudera for an 18% stake in the company (a $4.1 billion company valuation).[14]These shares were repurchased by Cloudera in December 2020 for $314 million.[15]
On April 28, 2017, the company became apublic companyvia aninitial public offering.[16]Over the next four years, the company's share price declined in the wake of falling sales figures[17]and competition from public cloud services likeAmazon Web Services.[18]In October 2018, Cloudera andHortonworksannounced their merger,[19]which the two companies completed the following January.[20]Five months later, CEO Reilly and founder Olsen left the company in June 2019. Board member Martin Cole was appointed as temporary CEO.[21]
In January 2020, former Hortonworks CEO Rob Bearden was appointed as Cloudera's CEO.[22]
In October 2021, the company went private after an acquisition byKKRandClayton, Dubilier & Ricein an all cash transaction valued at approximately $5.3 billion.[18]
In October 2023, R2 Solutions LLC filed a civil complaint against Cloudera in theUnited States District Court for the Western District of Texasforpatent infringement.[23]That same month, StreamScale won a $240 million jury verdict against Cloudera for patent infringement.[24]
In June 2024, Cloudera acquired Verta, a machine learning startup.[25]
Products and services
[edit]Cloudera provides the Cloudera Data Platform, a collection of products related to cloud services and data processing.[26][third-party source needed]Some of these services are provided through public cloud servers such asMicrosoft Azureor Amazon Web Services, while others are private cloud services that require a subscription. Cloudera markets these products for purposes related to machine learning and data analysis.[1]
Cloudera has adopted the marketing term "data lakehouse," which derives from a combination of the terms "data lake" and "data warehouse."[citation needed]
Cloudera has formed partnerships with companies such asDell,[27]IBM,[28][29]andOracle.[30][third-party source needed]
In 2022, Cloudera announced support forApache Iceberg.[31]
References
[edit]- ^ab"Cloudera, Inc. 2021 Form 10-K Annual Report".U.S. Securities and Exchange Commission.
- ^"Entity Details".Delaware.
- ^abcVance, Ashlee (March 16, 2009)."Bottling the Magic Behind Google and Facebook".The New York Times.
- ^Vance, Ashlee (March 17, 2009)."Hadoop, a Free Software Program, Finds Uses Beyond Search".The New York Times.
- ^Handy, Alex (10 August 2009)."Hadoop creator goes to Cloudera".Software Development Times. Archived fromthe originalon 13 March 2012.Retrieved2011-03-22.
- ^Morgan, Timothy Prickett (16 March 2009)."Cloudera floats commercial Hadoop distro".The Register.Retrieved13 March2024.
- ^Wauters, Robin (March 16, 2009)."Cloudera Raises $5 Million Series A Round For Hadoop Commercialization".TechCrunch.
- ^"Cloudera Raises $25 Million for Hadoop Development".The New York Times.VentureBeat.October 27, 2010.
- ^Rao, Leena (7 November 2011)."Ignition, Accel, Greylock Put $40M In Apache Hadoop Distribution Platform Cloudera".TechCrunch.Retrieved13 March2024.
- ^Morgan, Timothy Prickett (June 20, 2013)."Cloudera taps new CEO for inevitable IPO push or acquisition: Former CEO becomes chairman and chief strategist".The Register.
- ^Gage, Deborah (March 18, 2014)."Cloudera Raises $160 Million From T. Rowe Price, Other Public-Market Investors".The Wall Street Journal.
- ^"Startup Cloudera raises $160 mln from T Rowe, Google Ventures".Reuters.March 18, 2014.
- ^Schubarth, Cromwell (March 18, 2014)."Big bucks for Big Data: Cloudera raises $160 million".American City Business Journals.
- ^Randewich, Noel (March 31, 2014)."Intel invested $740 million to buy 18 percent of Cloudera".Reuters.
- ^Cherney, Max A. (December 23, 2020)."Cloudera Buys Back $314 Million Intel Stake. Here's What It Means for the Stock".Barron's.
- ^Balakrishnan, Anita (April 28, 2017)."Cloudera shares close more than 20% higher on Day 1".CNBC.
- ^Levy, Ari (June 6, 2019)."Cloudera plummets 43% after CEO abruptly departs and company cuts forecast".CNBC.Archivedfrom the original on 2019-06-06.RetrievedJanuary 22,2022.
- ^abGottfried, Miriam (June 1, 2021)."KKR, CD&R Strike $5.3 Billion Deal to Buy Cloudera".The Wall Street Journal.
- ^Novet, Jordan (3 October 2018)."Cloudera and Hortonworks shares skyrocket as rivals merge".CNBC.
- ^Schubarth, Cromwell (3 January 2019)."Cloudera completes Hortonworks deal, but investors aren't convinced".American City Business Journals.
- ^Levy, Ari (June 6, 2019)."Cloudera plummets 43% after CEO abruptly departs and company cuts forecast".CNBC.Archivedfrom the original on 2019-06-06.RetrievedJanuary 22,2022.
- ^Novet, Jordan (13 January 2020)."Cloudera taps former head of the company it merged with to be its new CEO".CNBC.Retrieved23 January2022.
- ^Calkins, Leurel Brubaker (6 October 2023)."Cloudera Accused of Usurping Patented Data Analytics Technology".Bloomberg Law.Retrieved13 March2024.
- ^Brittain, Blake (13 October 2023)."Cloudera hit with $240 million patent verdict over cloud-storage technology".Reuters.Retrieved13 March2024.
- ^Miller, Ron (3 June 2024)."Cloudera acquires Verta to bring some AI chops to its data platform".TechCrunch.Retrieved3 June2024.
- ^"Cloudera Data Platform (CDP)".Cloudera.Retrieved2023-05-02.
- ^Menchaca, Lionel (August 4, 2011)."Introducing the Dell Cloudera solution for Apache Hadoop — Harnessing the power of big data".Dell Technologies.
- ^"IBM, Cloudera Announce Strategic Partnership".IBM.June 21, 2019.
- ^Dignan, Larry (June 21, 2019)."IBM, Cloudera forge strategic pact".ZDNet.
- ^"Oracle Selects Cloudera to Provide Apache Hadoop Distribution and Tools for Oracle Big Data Appliance"(Press release). Cloudera. January 10, 2012.
- ^Clark, Lindsay (1 July 2022)."Cloudera adopts Apache Iceberg tables to show OS commitment".The Register.Retrieved13 March2024.
External links
[edit]- American companies established in 2008
- 2008 establishments in California
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