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Cloudera, Inc. is an American
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company providing enterprise data management systems that make significant use of Apache Hadoop. As of January 31, 2021, the company had approximately 1,800 customers.


History

Cloudera, Inc. was formed on June 27, 2008, by Christophe Bisciglia (from
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), Amr Awadallah (from
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), Jeff Hammerbacher (from
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), and Mike Olson (from
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). Awadallah oversaw a business unit performing data analysis using Hadoop while at Yahoo!; Hammerbacher used Hadoop to develop some of Facebook's data analytics applications; and Olson formerly served as the CEO of Sleepycat Software, the company that created
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. The four were joined in 2009 by Doug Cutting, a co-founder of Hadoop. In March 2009, Cloudera released a commercial distribution of Hadoop, in conjunction with a $5 million investment led by Accel Partners. This was followed by a $25 million funding round in October 2010, a $40M funding round in November 2011, and a $160M funding round in March 2014. In June 2013, Tom Reilly became chief executive officer of the company, although Olson remained as chairman of the board and chief strategist. Both left the company in June 2019. Rob Bearden was appointed as Cloudera's CEO in January 2020. In March 2014,
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invested $740 million in Cloudera for an 18% stake in the company. These shares were repurchased by Cloudera in December 2020 for $314 million. On April 28, 2017, the company became a
public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( l ...
via an
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
. Over the next four years, the company's share price declined in the wake of falling sales figures and the rise of public cloud services like
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. In October 2018, Cloudera and Hortonworks announced their merger, which the two companies completed the following January. In October 2021, the company went private after an acquisition by
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and Clayton, Dubilier & Rice in an all cash transaction valued at approximately $5.3 billion. Cloudera has formed partnerships with companies such as
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, IBM, and Oracle.


Products and services

Cloudera provides the Cloudera Data Platform, a collection of products related to cloud services and data processing. Some of these services are provided through public cloud servers such as Microsoft Azure or Amazon Web Services, while others are private cloud services that require a subscription. Cloudera markets these products for purposes related to machine learning and data analysis.


References


External links

* {{authority control American companies established in 2008 2008 establishments in California 2017 initial public offerings 2021 mergers and acquisitions Business intelligence companies Business intelligence Business analysis Big data companies Cloud computing providers Cloud infrastructure Companies based in Palo Alto, California Companies formerly listed on the New York Stock Exchange Data companies Data visualization software Hadoop Software companies based in the San Francisco Bay Area Software companies established in 2008 Software companies of the United States Kohlberg Kravis Roberts companies Private equity portfolio companies