Cloudera, Inc. is an American
software
Software is a set of computer programs and associated software documentation, documentation and data (computing), data. This is in contrast to Computer hardware, hardware, from which the system is built and which actually performs the work.
...
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.
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History
Cloudera, Inc. was formed on June 27, 2008, by Christophe Bisciglia (from Google
Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, ar ...
), Amr Awadallah (from Yahoo!
Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo! Inc. (2017–present), Yahoo Inc., which is 90% owned by investment funds ma ...
), Jeff Hammerbacher (from Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin ...
), and Mike Olson (from Oracle
An oracle is a person or agency considered to provide wise and insightful counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. As such, it is a form of divination.
Description
The wor ...
). 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 Berkeley DB
Berkeley DB (BDB) is an unmaintained embedded database software library for key/value data, historically significant in open source software. Berkeley DB is written in C with API bindings for many other programming languages. BDB stores arbit ...
. 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, Intel
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the devel ...
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 Amazon Web Services
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon.com, Amazon that provides Software as a service, on-demand cloud computing computing platform, platforms and Application programming interface, APIs to individuals, companies, and gover ...
. 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 KKR
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strateg ...
and Clayton, Dubilier & Rice in an all cash transaction valued at approximately $5.3 billion.
Cloudera has formed partnerships with companies such as Dell
Dell is an American based technology company. It develops, sells, repairs, and supports computers and related products and services. Dell is owned by its parent company, Dell Technologies.
Dell sells personal computers (PCs), servers, data ...
, 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.[
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References
External links
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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