hortonworks

  • Is big data in big trouble? Crunch Network

    Is big data in big trouble?

    We recently saw two critical developments in the big data and analytics space. Tableau released earnings and missed their forecast by $0.05; their stock dropped 5 percent. Then Hortonworks announced a revenue miss that sent the stock into a downward spiral. What’s going on with the business intelligence and Hadoop space? Read More

  • Are IPOs The New Down Rounds?

    Are IPOs The New Down Rounds?

    It’s become a meme in tech circles, “IPOs are the new down round,” venture capitalists quip. The dreaded “down round,” when a startup raises capital beneath its prior valuation, is getting pushed back to the public markets. While most companies grow their value in the stock market, Square, Box  and Hortonworks went public at market caps that were lower than what… Read More

  • Hortonworks Picks Up 3% After Reporting Better-Than-Expected Q3 Earnings, Strong Guidance

    Hortonworks Picks Up 3% After Reporting Better-Than-Expected Q3 Earnings, Strong Guidance

    Following the bell, Hortonworks announced its third quarter financial performance including adjusted earnings per share of negative $0.74 and revenue of $33.1 million. Investors had expected the company to lose $0.83 per share, off revenue of $30.69 million. Read More

  • Hortonworks Acquires Onyara, Early Startup With Roots In NSA

    Hortonworks Acquires Onyara, Early Startup With Roots In NSA

    Hortonworks, the big data company built on Hadoop, bought early-stage startup Onyara today. The company, which launched at the end of last year, has its roots in the NSA — yes that NSA. The Onyara engineers worked at the NSA for 8 years helping to develop a technology that would later be known as Apache NiFi. The NSA released the technology to the open source community last year as… Read More

  • Hortonworks Misses On Revenue And Profit In Lackluster Q4

    Hortonworks Misses On Revenue And Profit In Lackluster Q4

    Let’s talk about money! Hortonworks reported its earnings today, the first time it has as a public company! :) Revenues for its fourth quarter totaled $12.7 million, up 55 percent on year-over-year basis. :) But investors had expected the company to report revenue of $13.42 million. :( The company lost money in the quarter, $90.6 million using normal accounting methods (GAAP). Read More

  • The New Rules Of Going Public

    The New Rules Of Going Public

    According to a recent report, Twilio wants to go public. Twilio, a company that provides software-based communications tools for developers, closed out 2014 on a $100 million annual run rate. Or, put another way, Twilio brought in just over $8 million in top line last December. Box, New Relic and Hortonworks each recently proved that the IPO window is open and that investors have an appetite… Read More

  • 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