Hortonworks Spins Out Of Yahoo
Hortonworks, a new company focused on Apache Hadoop, has spun out of Yahoo, with the backing of Benchmark Capital, Yahoo and Benchmark said Tuesday afternoon. Yahoo and Benchmark said Hortonworks will focus on making it easier to install, manage, and use Apache Hadoop. Hadoop is used by companies to manage serers used for data analysis and cloud computing. The new firm will be headed by Eric Baldeschwieler, formerly VP of software engineering for Yahoo's Hadoop team. Size of the funding by Benchmark was not announced.
posted on Tuesday, June 28, 2011 (Link to more information)
Related companies:
Hortonworks
Related stories:
> Hortonworks Gets $50M From HP
> Hortonworks Sets IPO Offering Range
> Hortonworks Surges In IPO
> HortonWorks Snags $50M For Hadoop Development
> Hortonworks Buys Onyara
silicontap.com Home