Cloudera IPO
Cloudera provides enterprise data management and analytics software built on Apache Hadoop and other open-source technologies. The company helps organizations store, process, and analyze large amounts of data across hybrid and multi-cloud environments.
Key Facts
| Industry | Big Data and Analytics |
| Founded | 2008 |
| Headquarters | Santa Clara, CA |
| Employees | ~3,000 |
| Website | cloudera.com |
| Funding | Taken private at $16 per share ($5.3B valuation) |
About Cloudera
Cloudera pioneered enterprise big data analytics by commercializing Apache Hadoop and building a comprehensive data platform around it. The company went public in 2017 but was taken private in 2021 by Clayton Dubilier & Rice and KKR in a $5.3 billion deal. Cloudera's platform combines machine learning, analytics, and data management capabilities across hybrid and multi-cloud environments, serving industries like financial services, healthcare, and telecommunications.
Following its privatization, Cloudera has focused on modernizing its platform architecture and expanding its cloud-native offerings. The company merged with Hortonworks in 2019 to create a more comprehensive big data platform. Cloudera's current strategy emphasizes helping enterprises manage data across edge, on-premises, and cloud environments, with particular strength in regulated industries that require robust data governance and security capabilities.
IPO Status
Cloudera went public in April 2017 with an IPO that raised about $462 million, trading on the New York Stock Exchange under the ticker CLDR. The IPO was considered successful initially, though the stock faced challenges in subsequent years due to competitive pressures and execution issues. In 2021, Cloudera was acquired by private equity firms Clayton, Dubilier & Rice (CD&R) and KKR in a deal valued at approximately $5.3 billion. The acquisition took Cloudera private, removing it from public markets as the buyers sought to help the company refocus and compete more effectively in the evolving data analytics market.
Competitors
Frequently Asked Questions
Does Cloudera have a stock?
Yes, Cloudera had an IPO in April 2017 but was later taken private. The company was acquired by private equity firms CD&R and KKR in 2021.
When is the Cloudera IPO date?
Cloudera is no longer planning an IPO as it was taken private in 2021. The company would need to go through another public offering process to return to public markets.
How can I buy Cloudera stock?
You cannot currently buy Cloudera stock as it was taken private in 2021. The company is now owned by private equity firms and does not trade on public exchanges.
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