Hadoop
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Altiscale Lands $30M To Continue Building Hadoop Cloud Service
When you think of Hadoop, you probably think of a complex on-premises set up in your data center, but Altiscale wants to reduce some of that complexity by moving the whole thing to the cloud and offering Hadoop as a service. Today it got $30M in Series B funding to continue that quest. The round is led by Northgate, with participation from previous investors Sequoia Capital and General… Read More
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Hortonworks Wastes No Time Setting Price For Its IPO
In a time where we have S-1 filings that sit for months, Hortonworks proves the exception. After filing its S-1 just last month, the company updated its S-1 today, setting its IPO price, filing a $78M IPO with 6M shares at a price range of $12-14 per share.
At the midpoint of the proposed range, Hortonworks would command a fully diluted market value of $659 million, Renaissance Capital… Read More
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RapidMiner Scoops Up Radoop For Hadoop Analytics Processing
RapidMiner, a big data analytics startup, purchased former partner Radoop, giving it Hadoop processing and access to the Radoop team’s Hadoop expertise. They did not share the purchase price. RapidMiner enables customers to create a data-analytics workflow and grab data from a variety of sources without scripting using built-in connectors, then process that data to see patterns that… Read More
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