hortonworks

  • All Eyes On Box As Tech IPOs Roar Back To Life

    All Eyes On Box As Tech IPOs Roar Back To Life

    The success of the LendingClub, Hortonworks and New Relic IPOs this week may have created a moment in the market that Box, a company that has long wanted to go public itself, could use to get its long-delayed flotation done at last. I’m totally kidding about the “could” bit there, of course. This is precisely what Box has been waiting for since it first filed in March. Read More

  • New Relic And Hortonworks See Strong Public Debuts

    New Relic And Hortonworks See Strong Public Debuts

    In early trading, New Relic’s shares are up 31 percent in its first day as a public company. Another technology company, Hortonworks, will begin trading this morning as well. Update: Hortonworks has opened to a massive gain of more than 40 percent as well. For tech IPOs, today is a huge day. The two companies are trading on different exchanges, with New Relic selecting the NYSE, and… Read More

  • Lending Club’s IPO Pops 56% In Its First Day, Sets Stage For Hortonworks And New Relic Offerings

    Lending Club’s IPO Pops 56% In Its First Day, Sets Stage For Hortonworks And New Relic Offerings

    Lending Club had a strong debut in the public markets today, popping 56 percent from its $15 IPO price to more than $23 per share. As TechCrunch reported previously, the company’s offering was “the largest IPO for a U.S.-based tech company” thus far this calendar year. The company’s IPO sets the stage for tomorrow’s flotations of both Hortonworks and New Relic. Read More

  • For The Tech IPO Market, A Test

    For The Tech IPO Market, A Test

    Will the public market welcome a company with expanding losses? Hortonworks is ready to find out. Earlier today, the company priced its initial public offering, announcing that it will sell its shares for between $12 and $14 apiece. Early analysis pegs the company’s valuation at a per-share price in the middle of the proposed range of $659 million. Read More

  • Hortonworks Wastes No Time Setting Price For Its IPO

    Hortonworks Wastes No Time Setting Price For Its IPO

    In a time where we have S-1 filings that sit for months, Hortonworks proves the exception. After filing its S-1 just last month, the company updated its S-1 today, setting its IPO price, filing a $78M IPO with 6M shares at a price range of $12-14 per share. At the midpoint of the proposed range, Hortonworks would command a fully diluted market value of $659 million, Renaissance Capital… Read More

  • Impala: Another Google Inspired Platform Enters The Mainstream Data World

    Impala: Another Google Inspired Platform Enters The Mainstream Data World

    Amazon Web Services has added support for Impala, the Google inspired query tool developed by big data startup Cloudera. It provides real-time, parallel processing for large amounts of data. With Impala, a developer can load new or access existing data to run their queries using an SQL-like language on AWS Elastic MapReduce clusters. Its faster, more accessible and shows the increasing use… Read More

  • Hortonworks Raises $50M For Expansion And Development In Growing Hadoop Oriented Data Analytics Market

    Hortonworks Raises $50M For Expansion And Development In Growing Hadoop Oriented Data Analytics Market

    Hortonworks announced on its blog this morning that it has raised $50 million in new financing to accelerate the growth and development of its Hadoop distribution for data analytics and the application in operations and transaction-based systems. The investment was led by new investors Tenaya Capital and Dragoneer Investment Group, with participation from existing investors Benchmark… Read More

  • Yahoo-Backed Hortonworks Debuts Apache Hadoop Data Platform

    Yahoo-Backed Hortonworks Debuts Apache Hadoop Data Platform

    As reported earlier this year, Yahoo and Benchmark Capital announced their backing and Apache Hadoop spin-off Hortonworks. The startup was launched to accelerate the adoption of Apache Hadoop, the open source software that powers the data processing engines of the world’s largest web sites. Today, Hortonworks is debuting the Hortonworks Data Platform. The company also announced support… Read More