MapR Technologies Raises $50M in Equity Financing
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
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
Classifications
industries
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applications
Data Management
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