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Cloudera reportedly set to scoop $200mn in latest round of funding

Cloudera is passing the hat round investors in a fresh round of financing, and inside sources (the usual “people with knowledge of the situation”) claim that the funding secured amounts to in excess of $200 million (£120 million).

One of those financers putting their hands in their pockets includes Intel, according to the grapevine.

This story was unearthed by Bloomberg, and one of the site’s sources also claims that the fundraising puts the value of Cloudera at over $2 billion (£1.2 billion).

Cloudera is based in Palo Alto and provides open source Hadoop-based software and services, with its fingers in many big data pies.

Bloomberg contacted Cloudera to elicit a response on this funding move, but no comment was given (and Intel similarly refused to bite). However, given the increasing interest in the benefits of big data crunching, it’s no surprise that investors are keen to back the company.

Interestingly enough, Cloudera’s first ever analyst day takes place in San Francisco today, and you can follow the proceedings later on via the Cloudera Events Twitter account.