Hortonworks distributes a Hadoop open-source software stack used to store, process and analyze varied data types. The company has a strategic reseller and engineering partnership with Hewlett-Packard that enables HP customers to run Hortonworks’ Hadoop distribution as part of HP’s HAVEN software. Hortonworks and HP are collaborating to certify HP Vertica to work with Hadoop’s YARN component and to align engineering plans. The company has raised at least $275 million to date, including a $100 million round in March and the newly announced $50 million investment from HP. Hortonworks had about 450 employees at the time of the report and competes with Cloudera and MapR in the Hadoop market. The company’s near-term plans, as described in the articles, emphasize deeper integration with HP’s cloud and big-data offerings and joint engineering work. Hortonworks develops, distributes and supports the open-source Apache Hadoop data platform that integrates with existing IT investments and enables enterprises to build and deploy Hadoop-based applications. Led by CEO Rob Bearden, the company partners with strategic resellers to broaden market reach. Strategic resell partners named in the article include Microsoft, SAP, Teradata, HP and others. Hortonworks closed a $100M funding round to further support its go-to-market efforts. The company said it will use the funds to accelerate the enablement of these partners to sell HDP into their customer bases as part of their offerings. The article includes a related note of a prior $50M financing on 03/07/2013. Hortonworks develops and supports a Hadoop distribution aimed at data analytics and application in operations and transaction‑based systems. The company spun out of Yahoo! in 2011 and is a chief contributor to Hadoop 2.0 and Apache Hadoop YARN. Its business model revolves around a close association with Apache Hadoop as a data platform. Hortonworks faces competition from peers such as Cloudera and MapR, as well as startups like Datameer and Karmasphere and enterprise players including IBM and EMC. The company raised $50 million in new financing to accelerate growth and product development. The fundraising was reported as a sign of investor confidence as the Hadoop market expands and analytics adoption increases.

Total raised

$200M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2014