Cloudera Agrees to Acquire SaaS Companies Datacoral and Cazena …

Cloudera, Inc. agreed to acquire Datacoral, Inc. and Cazena, Inc. in two separate transactions.

The additions of these firms will support the evolution of Cloudera’s public cloud offering and expand its market opportunity as the company moves beyond big data to self-service.

The two acquisitions mark a milestone as Cloudera continues to execute its strategic plan to build a leader in the hybrid cloud space.

Rob Bearden, CEO, 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 product

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. It 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 SQL, and 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 Data Lake

Cazena powers instant cloud data lakes, making it possible to accelerate time to analytics and AI/ML from months to minutes. Its SaaS platform includes end-to-end infrastructure and orchestration, so customers get a fully-managed, continuous operations model that delivers guaranteed security and performance 24×7. The firm was founded by the 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 2FQ22 ending July 31, 2021, subject to customary closing conditions.

About Datacoral
It 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, It 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. It was founded in 2016, is based in San Francisco, CA, and is built as an AWS-native, serverless, data platform.

About Cazena
It makes cloud data lakes easy for all enterprises. Its Instant Cloud Data Lake accelerates time-to-analytics and AI/ML from months to minutes. Powered by its patented and automated Open SaaS Data platform, it delivers the first SaaS experience for data lakes – zero operations required. The company was founded by Netezza leaders.

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