Technology News

Yahoo And Benchmark Capital Form Hadoop Group

Wednesday, June 29, 2011 5:01:00 AM PDT | VentureDeal Staff

Sunnyvale, California  --  Yahoo! (NASDAQ: YHOO) and Benchmark Capital have partnered to form a new company to promote the development of Apache Hadoop.

The company, called Hortonworks, promises to increase investment in the development of the database system and accelerate its adoption.

Eric Baldeschwieler was named CEO of the newly formed company and was previously VP of software engineering for the Hadoop team at Yahoo!

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