NEWS
NEWS
NEWS
The 451 Group is releasing a report that says Apache Hadoop and NoSQL funding is more than $350 million.
Funding has shot through the roof in the past few months with funding for Hadoop and NoSQL startups more than doubling to $157 million since the end of August.
Overall, the funding has increased considerably from the beginning of 2008 to the end of 2010 with a total of $95.8 million in investment. It is now at more than $350 million, up 266%.
The 451 Group says funding surge this Fall can be largely attributed to the $84 million A round to Opera Solutions, a Hadoop-based analytics service provider.
Cloudera raised a $40 million series D round that was announced last week.
MapR Technologies recently raised $20 million for its Apache Hadoop distribution.
There are unconfirmed reports that Hortonworks raised $20 million from Benchmark Capital and Yahoo, which spun out the company late this summer. It has also been reported that Index Ventures has invested in Hortonworks.
10gen raised a $20 million series D round
Couchbase recently raised $15 million.
DataStax, which also has a Hadoop element, raised $11 million in a series B round.
Neo Technology raised $10.6 million in a series A round.
Basho Technologies received $12.5 million in series D funding this year.
Other Hadoop players in the market include Datameer, Karmasphere and Zettaset. In the NoSQL market, MongoLab, MongoHQ and Cloudant are all competing in the space.
Accel Partners is one of the most active investors in Hadoop-based startups. Last week it announced a $100 million fund for big data analytics startups. It came in as the original investor in Cloudera and Couchbase. According to 451, it “backed Opera Solutions via its Accel- KKR joint venture with Kohlberg Kravis Roberts.”
There will be any number of new investments in data analytics startups. This is just more proof that the data analytics field is just beginning to unfold.
Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.
Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.