Enterprise cloud giant Cloudera has pulled several of its cloud storage servers offline, despite initially claiming the servers were “open by design,” after a security researcher found sen
FirstMark Capital, the New York-based VC firm whose portfolio includes Shopify, Riot Games, Pinterest, Airbnb, InVision and more, has today announced the close of its two newest investment vehicles. F
While we are seeing lower valuations, we believe certain B2B technology companies may be uniquely poised to thrive, and are pursuing investment opportunities in this space with a renewed focus.
Just months after graduating from Y Combinator, H1 Insights, the LinkedIn for the healthcare industry, has raised $12.9 million in a new round of funding. “It’s a better way to connect the
The Kobalt EC-1: How a Swedish saxophonist built Kobalt, the world’s next music unicorn My favorite pieces we host on Extra Crunch are our EC-1 series of in-depth profiles and analyses of high-flyin
If you go back about a decade, Hadoop was hot and getting hotter. It was a platform for processing big data, just as big data was emerging from the domain of a few web-scale companies to one where eve
After spending years working for in-house design teams and well-known brand agencies such as Nike, Google, and Pentagram, Joe and Leslie Stitzlein, who are also husband and wife, decided to launch the
Roughly a year ago, entrepreneurs Caterina Fake and Jyri Engeström decided to form a traditional venture outfit called Yes VC. Fast forward, and the duo has nearly closed on $50 million for their deb
It was just five years ago that there was an ample dose of skepticism from investors about the viability of open source as a business model. Fast-forward to today and we’ve witnessed the growing e
Cloudera and Hortonworks, two of the biggest players in the Hadoop big data space, today announced that they have finalized their all-stock merger. The new company will use the Cloudera brand and will
Over the years, Hadoop, the once high-flying open-source platform, gave rise to many companies and an ecosystem of vendors emerged. It was long believed that some major companies would emerge from the
Cloudera said today as part of its second-quarter earnings report that it is acquiring Fast Forward Labs, a startup that gives companies the latest information on how to apply machine learning and AI
Blue Apron and Snap had disappointing debuts this year, but others have fared much better. Of the tech companies that have gone public this year, most are trading above their IPO price. But there have
Redis Labs, a database company that specializes in in-memory databases, said today it has raised $44 million in a funding round led by Goldman Sachs.
Elon Musk shows off a video about his tunnel boring company, The Boring Company, a self-driving Apple test vehicle is spotted in the wild and Cloudera and Carvana each price their IPO at $15; one does
After pricing its IPO at $15 per share, Cloudera, the enterprise big data company, closed the day up more than 20 percent, at $18.09. This also is above the range of $12 to $14 for which Cloudera was
Another day another IPO(s). Due to the recent success of public offerings from companies like Yext, Okta and Snap it seems the time is now for startups to go public. And tomorrow we have two IPOs
Cloudera, the enterprise big data company that’s received significant backing from Intel, has released the expected price range for its IPO. The company says it plans to price its shares between $1
TL;DR: Cloudera's recent IPO filing shows a company with steep losses and rapid revenue growth. Today we'll examine Cloudera's finances and where it fits into the current IPO universe. Why do we care?
When I first met Cloudera CEO Tom Reilly in 2015 at the Intel Capital Summit, we were about to go onstage for a fireside chat to discuss, among other things, Intel's massive investment in his company.