Hortonworks, a start-up based in Palo Alto, California, filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC will act as joint lead book-running managers for the offering, RBC Capital Markets, LLC will act as book-running manager, and Pacific Crest Securities LLC, Wells Fargo Securities, LLC and Blackstone Capital Markets will act as co-managers.
http://hortonworks.com/press-releases/hortonworks-files-registration-statement-sec-initial-public-offering/
- Hortonworks develops, distributes and supports a 100% open source Apache Hadoop data platform that deeply integrates with existing IT investments and upon which enterprises can build and deploy Hadoop-based applications. The company has deep relationships with the key strategic data center partners, including Microsoft, SAP, Teradata, HP and others.
- In July 2014, HP announced a $50 million equity investment in Hortonworks, a start-up based in Palo Alto, California, that offers enterprise Apache Hadoop solutions. The companies said the investment builds on the reseller agreement put in place last year. The companies also plan to integrate the Hortonworks Data Platform with key HP technologies including the marquee HP HAVEn offering.
- In March 2014, Hortonworks announced an oversubscribed $100 million funding round to support it enterprise Apache Hadoop solutions. The new funding round was led by funds managed by BlackRock and Passport Capital, joined by all existing investors.
