Cloudera CEO Tom Reilly is on stage with Tom Krazit, Executive Editor of Gigaom. He's now talking about the $160M(!) his firm just raised — from T. Rowe Price (which invests primarily in public companies), Google Ventures, and Dell (led by Michael himself).
How soon will Cloudera be a $1B company? "In a large, accelerating big data market ($50B?), we believe we'll be the largest company?" How soon will you IPO? "We have a long way to go before that." (They just hired their first ceneral counsel!) He's done it before, so he's quite familiar with the process. "Gotta get off Quickbooks first." 🙂
Talking about product and their Enterprise Data Hub: "We have dozens of companies behind us building the platform. We don't need to build up," said Reilly. Cloudera is hiring more engineers to ensure the integrations with partners go smoothly. "Predictive support capability" is part of version 5.0. "Machine learning and SQL are working side by side."
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