Intel Capital Makes Additional Equity Investment in BlueData
Santa Clara, Calif., and Mountain View, Calif., Aug. 25, 2015 – Intel Corporation and BlueData today announced a broad strategic technology and business collaboration, as well as an additional equity investment in BlueData from Intel Capital.
This relationship will bring together BlueData’s infrastructure software for big data with the leading data center architecture based on Intel® Xeon® processor technology. The goal is to accelerate the adoption of big data solutions by simplifying deployment. This builds upon Intel’s existing investments and initiatives in the big data market, including Intel’s strategic collaboration with Cloudera* for Apache Hadoop* as well as recent projects focused on Apache Spark*.
“Intel architecture provides a high-performance, secure, robust foundation for big data analytics,” said Brian Krzanich, Intel CEO. “BlueData’s innovative software delivers the simplicity, agility and efficiency of big data-as-a-service in an on-premises model. Together, we are focused on bringing big data into the mainstream and unlocking the value for our enterprise customers.”
BlueData will develop and optimize its big data infrastructure software for Intel architecture. In turn, Intel will focus its engineering and marketing resources on the joint engineering roadmap and joint customer acquisition. Additionally, the companies will execute joint go-to-market strategies that include coordinated product, channel and sales programs.
“This strategic collaboration with Intel will help advance BlueData’s mission of making it easy to deploy big data infrastructure. Our software platform simplifies the complexity, reduces the cost and delivers faster time to value for big data initiatives,” said Kumar Sreekanti, co-founder and CEO of BlueData. “Our go-to-market relationship and joint product development with Intel will allow enterprises to accelerate their deployment of Hadoop and Spark, and deliver on the promise of big data analytics.”
BlueData has developed patent-pending innovations to run Hadoop and Spark in a virtualized environment with compute and storage decoupled, providing a cloud-like experience for on-premises big data deployments. With BlueData EPIC™ software, enterprises can spin up virtual Hadoop or Spark clusters within minutes, providing data scientists and analysts with on-demand access to the applications, data and infrastructure they need to deliver faster business insights.
Intel Capital’s investment, its third in BlueData since 2012, is part of a $20 million funding round led by the chip maker’s strategic investment arm and announced today. Doug Fisher, senior vice president of Intel and general manager of its Software and Services Group, will also join BlueData’s board of directors.
