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Cloudera

From Alfawiki
Cloudera, Inc.
Company typePrivate
IndustryData lake software, Data analytics, Cloud computing
FoundedJune 27, 2008; 18 years ago (2008-06-27) in Burlingame, California, United States
FounderChristophe Bisciglia, Amr Awadallah, Jeff Hammerbacher, Mike Olson
Headquarters
Burlingame
,
United States
Key people
Rob Bearden (CEO)
ProductsCloudera Data Platform (CDP)
OwnerKohlberg Kravis Roberts (KKR), Clayton, Dubilier & Rice
Websitewww.cloudera.com

Cloudera, Inc. is a United States-based company specializing in data lake software solutions.

History

Established on June 27, 2008, in Burlingame, California, Cloudera was founded by Christophe Bisciglia, Amr Awadallah, Jeff Hammerbacher, and CEO Mike Olson. The founding team brought with them expertise from notable organizations such as Google, Yahoo!, Facebook, and Oracle.[1] In 2009, Hadoop co-creator Doug Cutting became part of the company.[2]

Initially, Cloudera provided a complimentary Hadoop-based product, generating income through support and consulting services before introducing a commercial Hadoop distribution in March 2009.[3] Early investment rounds included $5 million in 2009 led by Accel Partners, followed by $25 million in 2010, and $40 million in 2011.[4]

In June 2013, Mike Olson transitioned from CEO to Chairman and Chief Strategy Officer, while Tom Reilly, previously CEO of ArcSight, assumed the CEO role.[5] The company secured $160 million in funding in March 2014 from investors including T. Rowe Price. That same year, Intel invested $740 million to acquire an 18% ownership stake, valuing Cloudera at $4.1 billion; these shares were repurchased in December 2020 for $314 million.[6]

Cloudera launched its initial public offering on April 28, 2017.[7] Nevertheless, the stock faced pressure in subsequent years due to declining revenue and competition from cloud service providers such as Amazon Web Services.[8] In October 2018, Cloudera announced a merger with competitor Hortonworks, which was finalized in January 2019.[9][10] Following this, CEO Tom Reilly and founder Mike Olson departed in June 2019; board member Martin Cole took over as interim CEO.[11]

In January 2020, Rob Bearden, former CEO of Hortonworks, was named Cloudera's new CEO,[12] steering the company's strategic direction.

In October 2021, private equity firms Kohlberg Kravis Roberts (KKR) and Clayton, Dubilier & Rice acquired Cloudera for $5.3 billion, taking the company private.[8]

Towards the end of 2023, Cloudera faced legal challenges resulting from patent infringement lawsuits that culminated in a $240 million jury award against the company.[13]

Most recently, in June 2024, Cloudera expanded its capabilities by acquiring AI startup Verta to enhance its SaaS data lakehouse platform and advance its operational AI offerings.[14]

Products and services

Cloudera provides the Cloudera Data Platform (CDP), a comprehensive collection of cloud-based and data processing tools designed for machine learning applications and data analytics. These offerings are compatible with public cloud environments such as Microsoft Azure and Amazon Web Services, along with private cloud deployments. The company advocates for the "data lakehouse" model, which integrates the functionalities of both data lakes and data warehouses.

Collaborations with prominent technology firms like Dell, IBM, and Oracle Corporation strengthen Cloudera’s market positioning and facilitate seamless product interoperability. In 2022, Cloudera enhanced its platform by incorporating support for Apache Iceberg, underscoring its dedication to open-source innovation and advanced data management solutions.

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