VCs Bet Big Bucks on Hadoop
March 27, 2013 – Deborah Gage
“A couple of companies that make it easier for developers to write applications that run on Hadoop have also been funded recently. Concurrent this month raised $4 million and hired a new CEO, Gary Nakamura, while Continuuity so far has raised about $12.5 million.
Some of Continuuity’s founders were introduced by Concurrent’s founder, Chris Wensel , and the two companies are likely to become partners, according to Continuuity co-founder and CEO Todd Papaioannou.”