Hadoop vendor Cloudera says its has raised $900 million in financing, an amount the includes the $160 million it announced in mid-March and the additional investment from Intel Capital it confirmed last week. Intel’s investment, which we have confirmed at nearly $740 million, gives it an 18 percent share in Cloudera.
Prior to this massive, multi-source investment that included public-market investors and the strategic deal from Intel, Cloudera had raised $141 million, mostly from venture capitalists.
We detailed the rationale behind these investments and the need for huge capital infusion in the big data when covering Cloudera’s recent news, as well as a $100 million round financing round from its competitor Hortonworks, but will update this story if new details emerge.
Cloudera CEO Tom Reilly (pictured above) spoke at our Structure Data conference on March 20 and discussed, among other things, the timeline for Cloudera’s initial public offering.
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Update: This post was updated at 6:18 a.m. with confirmation of the size of Intel’s investment.