MapR Closes $30 Million in New Funding

MapR secured $30 million in series C financing to accelerate global expansion and continue our segment-leading product development. Mayfield Fund, which led the funding round, joins our existing investors Lightspeed Venture Partners, NEA and Redpoint Ventures in this round, bringing total funds raised to $59 million.

The new funding will back our growing presence in EMEA and will extend our global reach to Asia Pacific in the near future. MapR will continue to invest in the research and development of the MapR world-record setting, enterprise-grade distribution for Hadoop that offers IT organizations the only Hadoop platform with full data protection, no single points of failure, improved performance and dramatic ease of use advantages.

Arik Hesseldahl of All Things D talked with MapR co-founder and CEO John Schroeder about this news. Read the article here. GigaOm, Venture Beat and Silicon Angle also provided their spin on our news.

Click here to read the news release.

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