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MapR Secures $30M For Big Data, Hadoop Global Expansion

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http://www.thevarguy.com – Big Data is converging with big cash at MapR, which has secured $30 million of new venture-capital funding to continue its expansion across global markets. Where is the developer of solutions for data management and analysis based on the open source Hadoop platform headed next? Read on for some insights. Venture-capital firm Mayfield Fund was the leading investor in this round of funding, which brought the total funds raised by MapR to $59 million. Other major investors included Lightspeed Venture Partners, NEA and Redpoint Ventures. According to a statement from MapR, “The new financing (IT news)