A billion here, a billion there, Cloudera raises a new stunning round 15 days after their last one
Gregory Alan Bolcer stashed this in Venture Capital
Cloudera Raises $900 Million, Declares War On The Data Center Old Guard – ReadWrite
Wait, what?! How? What will they do with a billion dollars?!
Acquisitions, maybe? Build up a worldwide ProServe division to compete with IBM and Oracle? I think that puts them at a $5B valuation $900/18%---Ooops, it says Intel's stake of $740M was for 18%, not the whole round.
So this is Intel's way of competing with IBM, Oracle, Azure, and AWS? Sheesh that's a lot of money!