On Air Now

Listen

Listen Live Now » 101.9 FM Sioux Falls, SD

Weather

Current Conditions(Sioux Falls,SD 57104)

More Weather »
61° Feels Like: 61°
Wind: SSE 9 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Scattered Thunderstorms 56°

Tomorrow

Thunderstorms 60°

Wed Night

Isolated Thunderstorms 57°

Alerts

Startup Cloudera raises $160 million from T Rowe, Google Ventures

SAN FRANCISCO (Reuters) - Fast-growing startup Cloudera has raised $160 million from T Rowe Price, Google Ventures and other investors to expand further into the market for helping enterprises manage and analyze data.

T Rowe Price led the latest round, which also included MSD Capital, Dell Chief Executive Michael Dell's private investment firm, taking total financing in the company to $300 million, said Cloudera, which is expected to go public this year, on Tuesday.

Cloudera, like rivals HortonWorks and Pivotal, focuses on helping corporate customers manage data through "Hadoop," an open-source software system that can sort and handle the increasingly massive amounts of data generated through the Internet and mobile devices.

It helps companies more easily employ Hadoop. The Palo Alto, California-based firm last raised $65 million in 2012.

(Reporting by San Francisco Newsroom; Editing by Richard Chang)

Comments