Hadoop and NoSQL VC Funding Is More Than $350 Million – Up 266%


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%.

Major Hadoop Investments

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.

NoSQL Investments

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 Players and the Most Active Venture Capitalists

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.