Cloudera raises $6M more for serious data processing
Cloudera, a startup that helps companies process large amounts of data using an open source platform called Hadoop, has raised $6 million in a second round of funding.
The San Francisco company has an impressive founding team, including high-level folks from Facebook, Google, and Yahoo. Previous backers include Accel Partners, former VMware chief executive Diane Greene, former MySQL chief executive Marten Mickos, and Facebook chief financial officer Gideon Yu. Cloudera CEO Mike Olson says the eight-month-old… Continue Reading
Sun plans to acquire MySQL for $1B, Oracle to buy BEA for $8.5B
Sun said today it will acquire open source database company MySQL for about $1 billion, a deal that would keep Sun at the center of the thriving open source software industry (see the announcement here).
The deal is for $800 million cash and $200 million in stock.
Simultaneously, in big news for the corporate “enterprise” industry, database software giant Oracle said it had reached an agreement to acquire middleware giant BEA for $8.5 billion, a few months… Continue Reading