MapR Technologies Raises $50M in Equity Financing

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Summary

MapR Technologies, Inc., a San Jose, CA-based provider of a Converged Data Platform, raised $50m in equity financing.Led by John Schroeder, founder and CEO, and Matt Mills, president, MapR Technologies provides a platform that enables organizations to create long-term value from their data.The solution leverages on-going development in open source technologies including Spark and Hadoop to deliver distributed processing, real-time analytics, and enterprise grade requirements across cloud and on-premise environments.Amazon, Cisco, Google, HPE, Microsoft, SAP, and Teradata are part of the partner ecosystem.Customers include American Express, Audi, Ericsson, JLL, Mizuho Bank, NTT, Philips, Qualcomm, and Rubicon Project.

$ Funding

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Amount $50.0M Total raised
Date August 9, 2016 Announcement date
Investors Qualcomm Ventures, Mayfield, New Enterprise Associates, CapitalG Lead investors
Company http://www.mapr.com Funded company

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