MapR Technologies
- 🦄Became a unicorn2016
- 📈Peak valuation$1 Billion ’16
- 💔Became a Unitard2019
- 💸Last valuationWiped out
How it happened
MapR Technologies was a prominent Hadoop-era big-data company that raised about $280M and passed a $1B valuation in a 2016 round led by Australia's Future Fund with CapitalG and Qualcomm Ventures. As the Hadoop market collapsed it ran out of cash: it warned of a shutdown in May 2019 after laying off 122 staff including its CEO, and HPE bought its assets that August in a distressed deal. Glassdoor reviewers saw the end coming more than a year out — praising the technology while describing an executive suite swept out en masse in early 2018, deep sales-team cuts, ever-shifting messaging, and recruits pitched on a perpetually imminent IPO whose equity insiders considered worthless.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.
Source: Global Venturing / SiliconANGLE (Hadoop big-data vendor; raised ~$280M; valued more than $1B in a 2016 round led by Future Fund with CapitalG and Qualcomm Ventures; laid off staff incl. CEO and planned wind-down May 2019; HPE acquired its assets Aug 2019 in a distressed deal, terms undisclosed)
