| Cloudera, Inc. | |
| Type: | Private |
| Founders: | Christophe Bisciglia Amr Awadallah Jeff Hammerbacher Mike Olson |
| Industry: | Software Cloud computing |
| Location: | Santa Clara, California, U.S. |
| Products: | Analytics tools Big data tools Data engineering tools Data science tools Data warehousing tools ETL Machine learning tools Streaming data tools |
| Services: | Cloud data platform |
| Key People: | Charles Sansbury (CEO) Abhas Ricky (CSO) Frank O'Dowd (CRO) |
| Owner: | Clayton, Dubilier & Rice Kohlberg Kravis Roberts |
| Footnotes: | [1] [2] |
Cloudera, Inc. is an American data lake software company.
Cloudera, Inc. was formed on June 27, 2008 in Burlingame, California by Christophe Bisciglia, Amr Awadallah, Jeff Hammerbacher, and chief executive Mike Olson.[3] Prior to Cloudera, Bisciglia, Awadallah, and Hammerbacher were engineers at Google, Yahoo!, and Facebook respectively,[3] and Olson was a database executive at Oracle after his previous company Sleepycat was acquired by Oracle in 2006.[4] The four were joined in 2009 by Doug Cutting, a co-founder of Hadoop.[5]
Cloudera originally offered a free product based on Hadoop, earning revenue by selling support and consulting services around it.[3] In March 2009, the company began offering a commercial distribution of Hadoop.[6] In 2009 the company received a $5 million investment led by Accel Partners.[7] This was followed by a $25 million funding round in October 2010[8] and a $40M funding round in November 2011.[9]
In June 2013, Olson transitioned from CEO to Chairman of the Board and Chief Strategy Officer. Tom Reilly, former CEO of ArcSight, was appointed CEO.[10]
In March 2014, Cloudera raised another $160 million in funding from T. Rowe Price and other investors.[11] [12] [13] Intel invested $740 million in Cloudera for an 18% stake in the company (a $4.1 billion company valuation).[14] These shares were repurchased by Cloudera in December 2020 for $314 million.[15]
On April 28, 2017, the company became a public company via an initial public offering.[16] Over the next four years, the company's share price declined in the wake of falling sales figures[17] and competition from public cloud services like Amazon Web Services. In October 2018, Cloudera and Hortonworks announced their merger,[18] which the two companies completed the following January.[19] Five months later, CEO Reilly and founder Olson left the company in June 2019. Board member Martin Cole was appointed as temporary CEO.[20]
In January 2020, former Hortonworks CEO Rob Bearden was appointed as Cloudera's CEO.[21]
In October 2021, the company went private after an acquisition by KKR and Clayton, Dubilier & Rice in an all cash transaction valued at approximately $5.3 billion.[22]
In October 2023, R2 Solutions LLC filed a civil complaint against Cloudera in the United States District Court for the Western District of Texas for patent infringement.[23] That same month, StreamScale won a $240 million jury verdict against Cloudera for patent infringement.[24]
In June 2024, Cloudera acquired Verta, a machine learning startup.[25]
Cloudera provides the Cloudera Data Platform, a collection of products related to cloud services and data processing.[26] 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.[1]
Cloudera has adopted the marketing term "data lakehouse," which derives from a combination of the terms "data lake" and "data warehouse."
Cloudera has formed partnerships with companies such as Dell,[27] IBM,[28] [29] and Oracle.[30]
In 2022, Cloudera announced support for Apache Iceberg.[31]