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MapR has pulled in $30 million in funding to accelerate the adoption of open-source computing framework Hadoop.
According to an SEC filing, the San Jose, Calif.-based company closed its third round of funding today.
MapR is a distribution of Hadoop, a software that developers use to run applications on large clusters of commodity hardware. The software also offers analytics for large companies that are keeping track of their data to spot emerging trends.
Hadoop is often associated with the “big data” trend, and tech giants like Facebook, Google, and Yahoo use it. MapR makes its money by offering professional consulting services to Hadoop users across all industries, including technology, financial services, health care, and telecoms.
“It’ll take a cheap commodity hardware which has storage and CPU power and it will allow you to store data and run operations in parallel,” explained vice president of marketing Jack Norris in a recent interview with VentureBeat.
In August, the company raised a $20 million second round of funding. Since then, it has pushed into Europe with new offices in London and Munich. With the new funding, the company plans to invest in research & development, and expand into Asia.
The round was led by Mayfield Fund, and existing investors New Enterprise Associates, Lightspeed Venture Partners, and Redpoint Ventures participated.