Hadoop

Cloudera Sets Date to Announce Fourth Quarter and Fiscal Year 2021 Results

Retrieved on: 
Wednesday, February 17, 2021
Hadoop, Computing, Cloud infrastructure, Cloudera, Information technology, IT infrastructure, Trademark

SANTA CLARA, Calif., Feb. 17, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, announced that it will report its fourth quarter and fiscal year 2021 (ended January 31, 2021) financial results on March 10, 2021 after the close of market, and host a conference call to discuss the results at 2:00 PM Pacific Time (5:00 PM Eastern Time).

Key Points: 
  • SANTA CLARA, Calif., Feb. 17, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, announced that it will report its fourth quarter and fiscal year 2021 (ended January 31, 2021) financial results on March 10, 2021 after the close of market, and host a conference call to discuss the results at 2:00 PM Pacific Time (5:00 PM Eastern Time).
  • A replay of the webcast will be available for at least two weeks following completion of the call.
  • Powered by the relentless innovation of the open source community, Cloudera advances digital transformation for the world's largest enterprises.
  • Cloudera andassociated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

Privitar Now Certified on Cloudera Data Platform

Retrieved on: 
Wednesday, February 17, 2021
Cloud infrastructure, Computing, Information technology, Hadoop, Cloudera, Technology, Information privacy, Cloud computing, Internet privacy

LONDON and BOSTON, Feb. 16, 2021 /PRNewswire/ -- Privitar , the leading data privacy platform provider, today announced that it has achieved certification on the Cloudera Data Platform (CDP).

Key Points: 
  • LONDON and BOSTON, Feb. 16, 2021 /PRNewswire/ -- Privitar , the leading data privacy platform provider, today announced that it has achieved certification on the Cloudera Data Platform (CDP).
  • The Privitar Data Privacy Platform enables businesses to analyze their potentially sensitive data, use that data to gain valuable insights, and support data-driven decisions while simultaneously keeping that data safe.
  • The integration between The Privitar Data Privacy Platform and Cloudera CDP enables organizations to begin realizing the full value of their sensitive data and leveraging the powerful analytical capabilities of the Cloudera CDP platform while protecting the privacy of their data subjects.
  • The Privitar Data Privacy Platform is a Cloudera Certified Technology, a Cloudera Silver Partner, and has been tested, validated, and certified to work with CDP Private Cloud Base.

Artificial Intelligence Startup Labelbox Closes $40 Million in Series C Funding

Retrieved on: 
Friday, February 12, 2021
Information technology, Cybernetics, Learning, Machine learning, Computing, Technology, Hadoop, System administration, Automatic image annotation, Cloudera

SAN FRANCISCO, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Labelbox, the leading training data platform for enterprise machine learning applications, today announced the close of a $40 million Series C funding led by B Capital Group.

Key Points: 
  • SAN FRANCISCO, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Labelbox, the leading training data platform for enterprise machine learning applications, today announced the close of a $40 million Series C funding led by B Capital Group.
  • To date, Labelbox has raised $79 million in venture funding.
  • Labelbox offers a software platform to manage, annotate and iterate training data, the most important intellectual property of the artificial intelligence age.
  • Founded in 2018 and based in San Francisco, Labelbox is the worlds leading training data platform for machine learning applications.

Varada Can Now Seamlessly, Yet Dramatically, Accelerate Queries on Trino (PrestoSQL), Enabling Data Teams to Leverage the Power of Big Data Indexing

Retrieved on: 
Thursday, February 11, 2021
Software, Technology, Internet, Data management, Computing, Hadoop, Presto, SQL, Software

Varada , a data lake query acceleration innovator, today made available a new feature enabling data teams to accelerate by 10x-100x queries running on Trino clusters (formerly known as PrestoSQL), directly on the data lake.

Key Points: 
  • Varada , a data lake query acceleration innovator, today made available a new feature enabling data teams to accelerate by 10x-100x queries running on Trino clusters (formerly known as PrestoSQL), directly on the data lake.
  • Varada learns and analyzes Trino workloads to apply the optimal cache and indexing strategy autonomously, explained Eran Vanounou, CEO at Varada.
  • Enabling Trino clusters to leverage Varadas acceleration is as simple as installing a .JAR file to the nodes.
  • Varadas Data Platform , runs an indexing-based acceleration engine to accelerate queries for fast analytics on thousands of dimensions and trillions of rows.

Cloudera Completes SOC 2 Type II Certification for Cloudera Data Platform Public Cloud

Retrieved on: 
Wednesday, January 27, 2021
Cloud infrastructure, Hadoop, Computing, Sarbanes–Oxley Act, Standards, Information technology, Cloudera, Auditing, System and Organization Controls, Technology, Cloud computing

SANTA CLARA, Calif., Jan. 27, 2021 /PRNewswire/ -- Cloudera , (NYSE: CLDR), the enterprise data cloud company, today announced that it has successfully completed SOC 2 Type II Service Organization Control (SOC 2) certification for Cloudera Data Platform Public Cloud in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).

Key Points: 
  • SANTA CLARA, Calif., Jan. 27, 2021 /PRNewswire/ -- Cloudera , (NYSE: CLDR), the enterprise data cloud company, today announced that it has successfully completed SOC 2 Type II Service Organization Control (SOC 2) certification for Cloudera Data Platform Public Cloud in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).
  • The findings affirm that Cloudera's CDP Public Cloud platform meets the SOC 2 standards relative to the Security Trust Services Principle and Criteria.
  • "Cloudera Data Platform is trusted by some of the largest companies in the most regulated and sensitive industries and this certification validates our ongoing commitment to data security, governance and privacy."
  • With Cloudera Data Platform's Shared Data Experience (SDX), enterprises can trust they have the most up-to-date security policies for different use cases and workloads, such as data engineering, data warehouse, and data science usage.

WANdisco Solidifies Market Leadership for Live Data, Serving 150 Customers, Managing 200 Petabytes

Retrieved on: 
Monday, January 18, 2021
Information technology, Computing, Companies, Hadoop, WANdisco, Cloud infrastructure, GoDaddy, Cloud computing, Infosys

The exabyte-scale Hadoop to cloud migration opportunity represents more than 100 exabytes of data and thus a multi-billion dollar total addressable market.

Key Points: 
  • The exabyte-scale Hadoop to cloud migration opportunity represents more than 100 exabytes of data and thus a multi-billion dollar total addressable market.
  • 2020 saw substantial customer and partner growth for WANdisco with the signing of multiple, million-plus dollar deals that have expanded customer reach into new industries.
  • WANdisco significantly expanded its market reach with its global reseller agreement with Infosys to de-risk and accelerate data lake migration to the cloud.
  • "WANdisco provided a solution that addressed our cloud migration challenges," said Jeremy Zogg, Senior Director of Engineering, GoDaddy.

WANdisco Solidifies Market Leadership for Live Data, Serving 150 Customers, Managing 200 Petabytes

Retrieved on: 
Monday, January 18, 2021
Information technology, Computing, Companies, Hadoop, WANdisco, Cloud infrastructure, GoDaddy, Cloud computing, Infosys

The exabyte-scale Hadoop to cloud migration opportunity represents more than 100 exabytes of data and thus a multi-billion dollar total addressable market.

Key Points: 
  • The exabyte-scale Hadoop to cloud migration opportunity represents more than 100 exabytes of data and thus a multi-billion dollar total addressable market.
  • 2020 saw substantial customer and partner growth for WANdisco with the signing of multiple, million-plus dollar deals that have expanded customer reach into new industries.
  • WANdisco significantly expanded its market reach with its global reseller agreement with Infosys to de-risk and accelerate data lake migration to the cloud.
  • "WANdisco provided a solution that addressed our cloud migration challenges," said Jeremy Zogg, Senior Director of Engineering, GoDaddy.

Cloudera Appoints Gary Hu to Board of Directors

Retrieved on: 
Thursday, January 7, 2021
Companies, Hadoop, Cloud infrastructure, Cloudera, Computing, Businesspeople, Icahn, Carl Icahn

SANTA CLARA, Calif., Jan. 7, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, today announced that Gary Hu has been appointed to the Company's Board of Directors, upon the recommendation of Icahn Enterprises in accordance with the Voting and Standstill Agreement between Cloudera and affiliates of Icahn Enterprises, dated August 12, 2019.

Key Points: 
  • SANTA CLARA, Calif., Jan. 7, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, today announced that Gary Hu has been appointed to the Company's Board of Directors, upon the recommendation of Icahn Enterprises in accordance with the Voting and Standstill Agreement between Cloudera and affiliates of Icahn Enterprises, dated August 12, 2019.
  • Gary Hu replaces Nicholas Graziano who had been an Icahn designee and resigned from the Company's Board of Directors, effective January 7, 2021.
  • "On behalf of the entire Board of Directors, I'd like to welcome Gary to the Board as well as thank Nick for his service," said Rob Bearden, Chief Executive Officer, Cloudera.
  • Gary Hu currently serves as a Portfolio Manager of Icahn Capital L.P., the investment advisory firm of Icahn Enterprises L.P., which is a diversified holding company.

Cloudera to Participate in Upcoming Financial Conference

Retrieved on: 
Monday, January 4, 2021
Hadoop, Computing, Cloud infrastructure, Cloudera, Information technology, Computer companies

SANTA CLARA, Calif., Jan. 4, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, announced that company executives will participate at an upcoming financial conference.

Key Points: 
  • SANTA CLARA, Calif., Jan. 4, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, announced that company executives will participate at an upcoming financial conference.
  • At Cloudera, we believe that data can make what is impossible today, possible tomorrow.
  • Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI.
  • Cloudera andassociated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

Cloudera Completes $500 Million Term Loan and Repurchases 26 Million Shares

Retrieved on: 
Wednesday, December 23, 2020
Computing, Computer companies, Companies, Hadoop, Cloud infrastructure, Cloudera, Stock market, Corporate finance, Intel, Stock, New York Stock Exchange

SANTA CLARA, Calif., Dec. 23, 2020 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, today announced the successful completion of a covenant lite, $500 million senior secured term loan (the "Term Loan B") and the repurchase of all shares of Cloudera common stock held by Intel Corporation ("Intel").

Key Points: 
  • SANTA CLARA, Calif., Dec. 23, 2020 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, today announced the successful completion of a covenant lite, $500 million senior secured term loan (the "Term Loan B") and the repurchase of all shares of Cloudera common stock held by Intel Corporation ("Intel").
  • Buying back Intel's position enables us to retire more than 26 million shares of Cloudera common stock outstanding.
  • The Term Loan B has a 7-year tenor and will bear interest at LIBOR plus 250 bps.
  • In addition, Cloudera repurchased approximately 26 million shares of its common stock held by Intel at a per share price of $12.05, or $314.1 million total.