Ongoing customer value demonstrated by outstanding renewal and expansion rates

MapR Technologies, Inc. today announced another record quarter, which includes 99% growth in software subscription license bookings over prior year. This continued growth was fueled by the release of the industry's only Converged Data Platform, which enables its customers to accelerate data-driven applications with the best security, flexibility, scalability, and real-time capabilities.

New software subscription license growth and existing customer expansions contributed to the record quarter and an impressive dollar-based net expansion rate of 146%. MapR customers continue to realize significant benefits from MapR products including the recently released Converged Data Platform, resulting in a steady 99% retention rate for MapR. Additionally, the growth and operational focus of MapR have resulted in higher cash efficiency, posting another quarter of improved cash flow.

"The Converged Data Platform is a growth engine for the company," said Matt Mills, President, MapR Technologies. "It empowers enterprises to more effectively put their data to work, improving business performance and unlocking new revenue streams. As a result, more new customers are coming onboard and our existing customers continue to expand the use of our software. We continue to add remarkable talent across the company, including sales, professional services and engineering. By efficiently scaling our operations to support all the increased demand, I'm confident we'll continue to deliver record setting growth well into the future."

Business Highlights

Innovation Highlights:

"The industry is in the midst of the biggest change in enterprise computing in decades and companies that are serious about using data to improve business results are relying on MapR," said John Schroeder, founder and CEO, MapR Technologies. "MapR makes significant contributions to the Apache community and this involvement enables us to uniquely combine open source innovation with our patented Converged Data Platform to enable customers to increase revenues, lower costs, and mitigate risk."

Community Highlights

About MapR Technologies MapR provides the industry's only converged data platform that integrates the power of Hadoop and Spark with global event streaming, real-time database capabilities, and enterprise storage, enabling customers to harness the enormous power of their data. Organizations with the most demanding production needs, including sub-second response for fraud prevention, secure and highly available data-driven insights for better healthcare, petabyte analysis for threat detection, and integrated operational and analytic processing for improved customer experiences, run on MapR. A majority of customers achieves payback in fewer than 12 months and realizes greater than 5X ROI. MapR ensures customer success through world-class professional services and with free on-demand training that over 50,000 developers, data analysts and administrators have used to close the big data skills gap. Amazon, Cisco, Google, HPE, Microsoft, SAP, and Teradata are part of the worldwide MapR partner ecosystem. Investors include Google Capital, Lightspeed Venture Partners, Mayfield Fund, NEA, Qualcomm Ventures and Redpoint Ventures. Connect with MapR on LinkedIn, and Twitter.

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MapR Technologies, Inc. Beth Winkowski, 978-649-7189 bwinkowski@maprtech.com or Kim Pegnato, 781-620-0016 kpegnato@maprtech.com