US-based Apache Hadoop distributor MapR Technologies closed a $110m financing round on Monday featuring internet company Google and wireless telecommunications company Qualcomm.
Google Capital, the growth equity fund backed by Google, led the $80m equity portion of the round, which also featured Qualcomm’s corporate venturing unit Qualcomm Ventures, as well as Lightspeed Venture Partners, Mayfield Fund, New Enterprise Associates and Redpoint Ventures.
Venture debt firm Silicon Valley Bank led a $30m debt facility provided alongside the equity. Gene Frantz, general partner at Google Capital, will join MapR’s board in conjunction with the round.
“We led this round of funding because we believe MapR has a great solution for enterprise customers, and they’ve built a strong and growing business,” Frantz explained.
Founded in 2009, MapR has created an enterprise-grade platform that can utilise a range of data applications in a unified Hadoop offering.
The company plans to use the funds to accelerate its growth in a big data sector that has also seen Cloudera and Hortonworks close substantial rounds over the past few months.
MapR had previously raised $64m across three rounds, most recently a $35m series C in July 2013 from Lightspeed, Mayfield, NEA and Redpoint. It has now secured $174m in debt and equity in total.
Albert Wang, director of Qualcomm Ventures, said: “We invested in MapR because of the strength of its technology in leveraging the expanding internet of things and providing immediate business benefits.”