Wound down in 2019 after failing to raise; assets sold to HPE in a distressed deal
The rise & fall
6 moments · 2009–2019
The key moments, with employee sentiment along the way.
2009
🌱
2009
Founded in the Hadoop gold rush
An enterprise-grade take on big data, back when Hadoop was the future.
Wikipedia
2016
📈
2016
The peak: past $1B on Australia's Future Fund$1B
A round led by the sovereign fund with CapitalG and Qualcomm Ventures caps roughly $280M raised.
Global Venturing
2018–19
2018–19
The Hadoop market caves in
The wave MapR rode breaks, and the cash runs low with it.
SiliconANGLE
2018–19
💬
From the inside · Glassdoor reviews, 2018–19
Glassdoor reviewers saw the end coming more than a year out: they praised the technology while describing an executive suite swept out en masse in early 2018, deep cuts to the sales team, ever-shifting messaging — and recruits pitched on a perpetually imminent IPO whose equity insiders considered worthless.
May 2019
May 2019
122 layoffs and a shutdown warning
MapR lays off 122 people including its CEO and warns it may have to shut down after funding falls through.
SiliconANGLE
Aug 2019
🪦
Aug 2019
Assets to HPE — joins the Unitard Club 💔
HPE picks up the technology in a distressed deal, terms undisclosed; the $1B company winds down.
Global Venturing
$1Bof peak value erased · 10 years
💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.
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.
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)
