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"Cloudera has signed and sealed a $25 million Series C led by Meritech Capital Partners. Accel Partners and Greylock Partners, who had previously invested in the startup, also joined the round.\nCloudera's $5 million Series A led by Accel and its $6 million Series B from Greylock both came in 2009. This most recent round brings the company's total funding to $36 million.\nCloudera is in the business of Hadoop-based data management software and services for the enterprise. In working with \"big data\" (i.e., datasets that are so large that storage and interpretation become difficult) Cloudera attempts to make the large amounts of data held by large companies easier to analyze and more useful.\nHadoop is a top-level, open-source Apache software framework for handling big data. Cloudera is a leading Hadoop-services provider to the enterprise, including companies such as Facebook, Bank of America and the University of Phoenix. The funding will be used to support the startup's growing customer base.\nCloudera CEO Mike Olson said in a statement: \n\n\"Hadoop adoption among enterprises is strong and accelerating. This year, we released major upgrades to our open source platform and introduced Cloudera Enterprise, our subscription offering with the tools and support necessary for mission-critical Hadoop deployment. \nAs customer interest intensifies in the U.S. and around the world, we need to increase our capacity and reach.\u201D\n\nWhile there have been rumors of a possible acquisition, Olson told GigaOM earlier this year that he instead wants do an IPO."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2010/10/26/cloudera-series-c/>