Hortonworks

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Hortonworks
Public
Traded as NASDAQHDP
Industry Computer software
Founded 2011; 6 years ago (2011)
Headquarters Santa Clara, California, United States
Products Hortonworks Data Platform, Hortonworks DataFlow
Number of employees
~950 (2016)[1]
Website Hortonworks.com

Hortonworks is a big data software company based in Santa Clara, California. The company develops and supports Apache Hadoop, for the distributed processing of large data sets across computer clusters.

History[edit]

Hortonworks was formed in June 2011 as an independent company, funded by $23 million venture capital from Yahoo! and Benchmark Capital. Its first office was in Sunnyvale, California.[2] The company employs contributors to the open source software project Apache Hadoop.[3] The Hortonworks Data Platform (HDP) product includes Apache Hadoop and is used for storing, processing, and analyzing large volumes of data. The platform is designed to deal with data from many sources and formats. The platform includes Hadoop technology such as the Hadoop Distributed File System, MapReduce, Pig, Hive, HBase, ZooKeeper, and additional components.[4]

Eric Baldeschweiler (from Yahoo) was initial chief executive, and Rob Bearden chief operating officer, formerly from SpringSource. Benchmark partner Peter Fenton was a board member.The company name refers to the character Horton the Elephant, since the elephant is the symbol for Hadoop.[2][5] Additional investors included a $25 million round led by Index Ventures in November 2011.[6]

In October 2011 Hortonworks announced Microsoft would collaborate on a Hadoop distribution for Microsoft Azure and Windows Server.[7] On February 25, 2013, Hortonworks announced availability of a beta version of the Hortonworks Data Platform for Windows.[8] In November 2011 it announced HParser software from Informatica would be available for free download by its customers.[9]

In February 2012 Teradata announced an alliance.[10] In October 2012 Teradata's Aster Data Systems division announced an appliance supporting Hortonworks' distribution,[11][12] and Impetus Technologies announced a partnership.[13]

In June 2013 Hortonworks announced another $50 million in financing, from previous investors and adding Tenaya Capital and Dragoneer Investment Group.[14] In September 2013 SAP AG announced it would resell the Hortonworks distribution (as well as one from Intel).[15] By the end of 2013, Bearden, who had become chief executive by 2012, denied rumors the company would soon go public or be acquired.[16]

In March 2014, another $100 million investment was announced, led by BlackRock and passport capital.[17] In May 2014, Hortonworks acquired XA Secure, a small data security company founded in January 2013, for undisclosed terms.[18] The company used a provision of the Jumpstart Our Business Startups Act to avoid disclosing registration forms with the United States Securities and Exchange Commission in June 2014.[19][20] The filings showed about $37 million lost in 2013, and $87 million in the first half of 2014.[21] In December 2014, Hortonworks had their initial public offering, listed on the NASDAQ as HDP. Almost $100 million was raised.[22]

In August, 2015, Hortonworks announced it would acquire Onyara, Inc., the creator of Apache NiFi, a top-level open source project. Apache NiFi was made available through the NSA technology transfer program in 2014. Over eight years, Onyara’s engineers were the key contributors to the U.S. government software project that evolved into Apache NiFi.[23] [24] [25] When a secondary share offering was announced in January 2016, the share price dropped to about half of what it was at the IPO.[26] After operating losses deepened through 2015 and 2016, Herb Cunitz (who had been president since 2012) left the company in August 2016.[27] After a round of layoffs, Raj Verma was named the new president and chief operating officer in January 2017.[28]

Hortonworks hosts the Hadoop Summit community trade show, along with Yahoo!.[29] Hortonworks is a sponsor of the Apache Software Foundation.[30]

Partnerships[edit]

Hortonworks partners with software-related companies, including BMC Software for business service management and automation,[31] Attunity[32] and Cleo for data integration,[33] and SAP and VMware for cloud, database and other virtualization infrastructure, and with Stratoscale.[34] In 2015 Hortonworks started partnering with ManTech Commercial Services and B23 to develop OpenSOC.[35]

References[edit]

  1. ^ "Hortonworks : Quick Facts - Hortonworks". Retrieved 17 February 2017. 
  2. ^ a b Charles Babcock (June 29, 2011). "Hadoop Big Data Startup Spins Out Of Yahoo". Information Week. Archived from the original on July 4, 2011. Retrieved February 21, 2017. 
  3. ^ Sarah McBride and Alistair Bar (April 20, 2012). "Big-data investors look for the next Splunk". Reuters. Retrieved February 21, 2017. 
  4. ^ Joab Jackson (November 1, 2011). "HortonWorks Hones a Hadoop Distribution". PC World. Retrieved October 14, 2013. 
  5. ^ Cade Metz (June 28, 2011). "Yahoo! seeds Hadoop startup on open source dream: Hortonworks hears a Big Data revolution". The Register. Retrieved February 21, 2017. 
  6. ^ Derrick Harris (August 20, 2013). "Everything you ever wanted to know about Yahoo’s Hadoop spinoff Hortonworks". Giga Om. Retrieved October 14, 2013. 
  7. ^ Jaikumar Vijayan (October 12, 2011). "Microsoft climbs onto Hadoop bandwagon". Computer World. Retrieved October 14, 2013. 
  8. ^ Herain Oberoi (February 25, 2013). "Hortonworks and Microsoft Bring the Hortonworks Data Platform to Windows". SQL Server Blog. Retrieved October 5, 2016. 
  9. ^ Chris Preimesberger (November 2, 2011). "Informatica, Hortonworks Team Up to Release Free Data Parser for Hadoop". e Week. Retrieved October 14, 2013. 
  10. ^ Quentin Hardy (February 21, 2012). "Teradata and Hortonworks Join Forces for a Big Data Boost". Bits blog. The New York Times. Retrieved October 14, 2013. 
  11. ^ Tony Baer (October 26, 2012). "It's happening: Hadoop and SQL worlds are converging". ZDNet. Retrieved October 14, 2013. 
  12. ^ "Teradata Big Analytics Appliance Enables New Business Insights on All Enterprise Data". Press release. Teradata Aster. October 17, 2012. Retrieved October 14, 2013. 
  13. ^ Pletus (October 2, 2012). "Impetus and Hortonworks Strategic Partnership". Press release. Retrieved October 14, 2013. 
  14. ^ Alex Williams (June 25, 2013). "Hortonworks Raises $50M For Expansion And Development In Growing Hadoop Oriented Data Analytics Market". Tech Crunch. Retrieved October 14, 2013. 
  15. ^ Chris Kanaracus (September 11, 2013). "SAP looks to boost 'big data' position with Hadoop deals, new apps". Computer World. Retrieved October 14, 2013. SAP agrees to resell Hadoop distributions from Intel and Hortonworks; unveils specialized use case apps 
  16. ^ Gavin Clarke (November 21, 2013). "Rob 'Flipper' Bearden plans to FLOAT his Hadoop heffalump: Hortonworks hears an IPO-OOOO". The Register. Retrieved February 21, 2017. 
  17. ^ Jordan Novet (March 25, 2014). "Hortonworks loads up $100M to keep fighting the Hadoop fight". Venture Beat. Retrieved February 21, 2017. 
  18. ^ Jordan Novet (May 15, 2014). "Hortonworks buys XA Secure to make Hadoop even more enterprise-friendly". Venture Beat. Retrieved February 21, 2017. 
  19. ^ Deborah Gage (November 10, 2014). "Short of $100M Revenue Goal, Hadoop Provider Hortonworks Files for IPO". The Wall Street Journal. Retrieved February 21, 2017. 
  20. ^ "Response to Confidential Draft Registration Statement Submitted June 27, 2014" (PDF). US SEC. July 24, 2014. Retrieved February 21, 2017. 
  21. ^ Ben Kepes (November 10, 2014). "Hortonworks Lifts The Lid On Its IPO Plans--Documents Show Little Revenue And Big Losses". Forbes. Retrieved February 21, 2017. 
  22. ^ "Hortonworks IPO". NASDAQ. Retrieved February 21, 2017. 
  23. ^ Miller, Ron; Wilhelm, Alex. "Hortonworks Acquires Onyara, Early Startup With Roots In NSA". Retrieved 17 February 2017. 
  24. ^ "Hortonworks to acquire Onyara to add a focus on small data". Retrieved February 17, 2017. 
  25. ^ "Hortonworks to Acquire Onyara to Turn Internet of Anything Data Into Actionable Insights - Hortonworks". Retrieved February 17, 2017. 
  26. ^ Kaya Yurieff (January 19, 2016). "Hortonworks (HDP) Stock Plunging on Secondary Share Offering". The Street. Retrieved February 21, 2017. 
  27. ^ Kat Hall (August 5, 2016). "Hortonworks losses deepen despite growth in subscription sales: Unprofitable firm still down on market expectations". The Register. Retrieved February 21, 2017. 
  28. ^ Alexander J Martin (January 13, 2017). "Hadoop hurler Hortonworks votes Tibco veteran for president: Corporate veteran to re-invigorate big-data sales". The Register. Retrieved February 21, 2017. 
  29. ^ "Sponsors". Hadoop Summit 2013 web site. Archived from the original on April 30, 2013. Retrieved October 14, 2013. 
  30. ^ Sponsors, Apache Software Foundation
  31. ^ Yegulalp, Serdar. "Hortonworks, BMC team up to support Hadoop automation". Retrieved 17 February 2017. 
  32. ^ "Attunity, Hortonworks Partner to Simplify Big Data Integration - Compliance Week". Retrieved 17 February 2017. 
  33. ^ "Secure, reliable Hadoop data transfer with Cleo MFT - Hortonworks". 1 April 2014. Retrieved 17 February 2017. 
  34. ^ Harris, Derrick (12 June 2012). "Hortonworks releases Hadoop distro, teams with VMware". Retrieved 17 February 2017. 
  35. ^ William Terdoslavich for InformationWeek. October 1, 2015 Aims To Make Hadoop Easier To Use

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