Leading enterprise Hadoop provider Hortonworks announced an oversubscribed $100 million funding round led by funds managed by BlackRock and Passport Capital, joined by all existing investors. The funds will help the firm continue to grow its big data ecosystem and global operations.
The company's Hortonworks Data Platform (HDP) has seen tremendous growth since inception, and its versatility has taken it from multiple data processing engines to the depth and breadth of integration across a variety of infrastructures and applications.
Strategic reseller partners that include Microsoft, SAP, Teradata, HP and others, combined with hundreds of technology partners, enable enterprises to build on the Hadoop platform, using a modern data architecture that integrates with the technologies that they already know and rely upon.
“Through our unrelenting focus on innovating completely in the open, and deeply integrating with existing data center systems, we have seen phenomenal growth in our business over the past 24 months,” said Rob Bearden, CEO of Hortonworks. “We will continue to deliver on the promise of a completely open platform and further cement Hortonworks as the unquestioned Hadoop leader in the IT ecosystem.”
In a blog post, Bearden talks about building business momentum and the things that this funding round makes possible. After adding over 250 customers in the past year, the company will continue to innovate its Hadoop-powered enterprise data platform, and extend and enable its ecosystem and increasing roster of HDP certified applications.