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MapR Technologies Surpasses 700 CustomersMapR Technologies, Inc., provider of the top-ranked distribution for Apache™ Hadoop®, today announced that in November 2014, the number of companies that have a paid subscription for MapR now exceeds 700. In addition to the increase in number of customers, existing MapR customers increased their current subscriptions resulting in a dollar-based net expansion rate of more than 200% for the quarter ended September 30, 20141. "We've built a mature, fast growing company based on an innovative technology platform that helps some of the world's largest companies harness the power of data and a business model architected for long-term success," said John Schroeder, chief executive officer and co-founder, MapR Technologies. "We're extremely confident we'll continue to execute on our vision, clearly positioning our customers for continued growth and success in this quickly expanding market." Later today, Mr. Schroeder will participate in the Barclays 2014 Global Technology (News - Alert) Conference to highlight the company's differentiated strategy. MapR continues to execute its business strategy, adding leading partners, seasoned industry talent and demonstrating substantial customer growth around the world. A few recent highlights:
About MapR Technologies MapR delivers on the promise of Hadoop with a proven, enterprise-grade platform that supports a broad set of mission-critical and real-time production uses. MapR brings unprecedented dependability, ease-of-use and world-record speed to Hadoop, NoSQL, database and streaming applications in one unified distribution for Hadoop. MapR is used by more than 700 customers across financial services, government, healthcare, internet, manufacturing, media, retail and telecommunications as well as by leading Global 2000 and Web 2.0 companies. Amazon, Cisco (News - Alert), Google, Teradata and HP are part of the broad MapR partner ecosystem. Investors include Google Capital, Lightspeed Venture Partners, Mayfield Fund, NEA, Qualcomm Ventures and Redpoint Ventures. MapR is based in San Jose, CA (News - Alert). Connect with MapR on Connect with MapR on Twitter, LinkedIn, and Facebook.
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