Monday, June 30, 2014

Qualcomm Backs MapR's Hadoop Technology

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, has put its funding behind MapR, the company behind the big data software framework called Hadoop. MapR said today that it has raised $110M in a giant funding round, which was led by Google Capital, and also included Qualcomm Ventures. Existing investors, including Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures, also participated. Hadoop is widely used for data mining, big data, and business intelligence. More information »

---