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Google Capital Invests in MapR Technologies

     

turbocharged

11:20 am on Jul 2, 2014 (gmt 0)



Google Capital led the latest round of $110 million in financing for Bangalore San Jose based MapR Technologies. MapR, which helps companies around the world deploy Hadoop, raised $80 million in private equity from Google Capital, Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and existing investors including Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures. The company raised another $30 million in debt financing from Silicon Valley Bank, bringing the total up to $110 million.

MapR has significant production in Hadoop environments in financial services, healthcare, media, retail, telecommunications, and Web 2.0 companies.

Read it at [techcrunch.com...]
 

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