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Company type | Private |
---|---|
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, CSO Frank O'Dowd, CRO |
Products |
Analytics tools Big data tools Data engineering tools Data science tools Data warehousing tools ETL Machine learning tools Streaming data tools |
Services | Cloud data platform |
Owner |
Clayton, Dubilier & Rice Kohlberg Kravis Roberts |
Website |
www |
Footnotes / references [1] [2] |
Cloudera, Inc. is an American data lake software company.
Cloudera, Inc. was formed on June 27, 2008 in Burlingame, California by Christophe Bisciglia, Amr Awadallah, Jeff Hammerbacher, and chief executive Mike Olson. [3] Prior to Cloudera, Bisciglia, Awadallah, and Hammerbacher were engineers at Google, Yahoo!, and Facebook respectively, [3] and Olson was a database executive at Oracle after his previous company Sleepycat was acquired by Oracle in 2006. [4] The four were joined in 2009 by Doug Cutting, a co-founder of Hadoop. [5]
Cloudera originally offered a free product based on Hadoop, 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 by Accel 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 of ArcSight, was appointed CEO. [10]
In March 2014, Cloudera raised another $160 million in funding from T. Rowe Price and other investors. [11] [12] [13] Intel invested $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] [16]
On April 28, 2017, the company became a public company via an initial public offering. [17] Over the next four years, the company's share price declined in the wake of falling sales figures [18] and competition from public cloud services like Amazon Web Services. [19] In October 2018, Cloudera and Hortonworks announced their merger, [20] which the two companies completed the following January. [21] Five months later, CEO Reilly and founder Olsen left the company in June 2019. Board member Martin Cole was appointed as temporary CEO. [22]
In January 2020, former Hortonworks CEO Rob Bearden was appointed as Cloudera's CEO. [23]
In October 2021, the company went private after an acquisition by KKR and Clayton, Dubilier & Rice in an all cash transaction valued at approximately $5.3 billion. [24] [19]
In October 2023, R2 Solutions LLC filed a civil complaint against Cloudera in the United States District Court for the Western District of Texas for patent infringement. [25] That same month, StreamScale won a $240 million jury verdict against Cloudera for patent infringement. [26]
Cloudera provides the Cloudera Data Platform, a collection of products related to cloud services and data processing. [27][ third-party source needed] Some of these services are provided through public cloud servers such as Microsoft Azure or 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 as Dell, [28] IBM, [29] [30] and Oracle. [31][ third-party source needed]
In 2022, Cloudera announced support for Apache Iceberg. [32]