MapR Technologies, a Hadoop technology company, has closed a $110 million financing round. Google Capital led the $80 million equity portion of the financing, which included participation from Qualcomm Ventures and existing investors Lightspeed Venture Partners, Mayfield Fund, New Enterprise Associates and Redpoint Ventures. Additionally, MapR completed a debt facility of $30 million led by Silicon Valley Bank. MapR is a complete distribution for Apache Hadoop that packages more than a dozen projects from the Hadoop ecosystem to provide a broad set of Big Data capabilities for the user. It supports these Apache projects on a technology platform that provides enterprise-grade features such as high availability, disaster recovery, security and full data protection.
The financing will be used by MapR to continue its growth in the Big Data and analytics segment. The company tripled bookings in the first quarter of 2014 over 2013 and the new funding will increase worldwide go-to-market programs to accelerate the deployment of MapR in mission-critical, real-time and operational use cases. MapR has now raised about $174 million in total funding; it last raised a $35 million Series C round at a $300 million valuation in July 2013.