SANTA CLARA, Calif.,
June 1, 2021 /PRNewswire/
-- Cloudera, (NYSE: CLDR), the enterprise data cloud company,
today announced that it has agreed to acquire Datacoral and Cazena
in two separate transactions. The additions of Datacoral and Cazena
will support the evolution of Cloudera's public cloud offering and
expand Cloudera's market opportunity as the company moves
beyond big data to self-service. The two acquisitions mark an
important milestone as Cloudera continues to execute its strategic
plan to build a leader in the hybrid cloud space.
Rob Bearden, Chief Executive
Officer of Cloudera, said: "The acquisitions will enable Cloudera
to usher in a new era of low-code, no-code self-service by
automating complex operations – enabling our customers to focus on
getting value from their data rather than configuring, operating
and managing the underlying infrastructure. Both businesses will
enable our combined customers to enjoy a reduction in complexity
and faster time to value for their data initiatives, leading to
improved insights, faster innovation, and stronger engagements with
their customers and partners."
Datacoral's fully managed service powers fast and easy data
transformations and integrations for any type of data via a robust
multi-tenant SaaS architecture that runs in the cloud. Datacoral is
flexible, easy-to-use, and secure, and its future-proof no-code
connectors enable customers to extract data from a wide range of
popular data sources. Multi-level transformations are automatically
orchestrated using just SQL, and only a few clicks are required to
set up end-to-end data pipelines that go from ingestion to
transformation to publishing. Datacoral adds an easy-to-use SaaS
platform to the Cloudera CDP portfolio that provides simple,
reliable access to more than 80 common data sources. Since no
engineering is needed, customers can spend more time focused on
analyzing and improving their businesses.
"The combination of Cloudera's robust platform with a
cloud-native, ETL solution like Datacoral, offers a powerful
solution to today's self-service analytics challenge," said
Datacoral Founder and CEO Raghotham
Murthy, who built out Facebook's data infrastructure during
its explosive growth years of 2008-2013. "I'm very excited to be
joining the Cloudera team to help the no-code, low-code era become
a reality."
Cazena powers instant cloud data lakes, making it possible to
accelerate time to analytics and AI/ML from months to minutes.
Cazena's SaaS platform includes end-to-end infrastructure and
orchestration, so customers get a fully-managed, continuous
operations model that delivers guaranteed security and performance
24x7. Cazena was founded by the visionary team behind the Netezza
data warehouse appliance and represents a critical evolution from
reporting-oriented data warehouses to innovation-focused data
lakes. Purpose-built and optimized for the cloud, Cazena's SaaS
offerings enable Cloudera customers to easily and cost-effectively
migrate to CDP for Public Cloud.
"Extending the Cloudera platform to a SaaS delivery model
fulfills Cazena's vision of enabling businesses to easily speed up
their time to insight by focusing on their data rather than
operating the infrastructure necessary to manage it – we make CDP
easier to operate and consume for all enterprises," said Cazena
Founder and CEO Prat Moghe. "I look
forward to working with the Cloudera team to offer a simplified
experience that helps customers use all their data faster and more
effectively."
The acquisitions are expected to close in Cloudera's current
fiscal 2022 second quarter, ending July 31,
2021, subject to customary closing conditions.
About Cloudera
At Cloudera, we believe that data can make what is impossible
today, possible tomorrow. We empower people to transform complex
data into clear and actionable insights. Cloudera delivers an
enterprise data cloud for any data, anywhere, from the Edge to AI.
Powered by the relentless innovation of the open source community,
Cloudera advances digital transformation for the world's largest
enterprises. Learn more at Cloudera.com.
Cloudera and associated marks are trademarks or registered
trademarks of Cloudera, Inc. All other company and product names
may be trademarks of their respective owners.
About Datacoral
Datacoral offers a cloud-native, no-code data integration and
data pipeline platform. With over 80 connectors to integrate and
transform data from APIs and databases into data lakes and data
warehouses, Datacoral enables data-driven innovators, including
Greenhouse, Substack, Frame.io, Betterment, and Flexport to gain
value from their data, and support their complex, and constantly
evolving, data pipeline needs. Datacoral was founded in 2016, is
based in San Francisco, and is
built as an AWS-native, serverless, data platform.
About Cazena
Cazena makes cloud data lakes easy for all enterprises. Cazena's
Instant Cloud Data Lake accelerates time-to-analytics and AI/ML
from months to minutes. Powered by its patented and fully-automated
Open SaaS Data platform, Cazena delivers the first SaaS experience
for data lakes – zero operations required. Founded by Netezza
leaders, Cazena is revolutionizing cloud data lakes. Experience
your Instant Data Lake at Cazena.com.
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SOURCE Cloudera, Inc.