About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

MapR Sets New MinuteSort Record; Grabs $30 Million

Subscribe to our newsletter

Hadoop distributor MapR Technologies recently announced that it had set a new world MinuteSort record using Google’s cloud-based compute offering. Following up on that, the company just raised a further $30 million in investment.

The MinuteSort record saw MapR’s Hadoop offering sorting 15 billion 100-byte records (or 1.5 TB) in 60 seconds, using the Google Compute Engine. Some 2,103 virtual instances were deployed, each instance consisting of four virtual cores and one virtual disk, for a total of 8,412 virtual cores and 2,103 virtual disks.  The previous record was 1.4 TB in 60 seconds.  The Google Compute Engine is currently available in limited test mode, but will soon be generally available.

As if to celebrate the new record, MapR has just raised $30 million in a third round of financing, according to an SEC filing.  The company recently expanded into Europe with offices in London and Munich, and plans to expand into Asia.  The third round was led by Mayfield Fund, and existing investors New Enterprise Associates, Lightspeed Venture Partners, and Redpoint Ventures also participated. The company has raised nearly $60 million in total – though that’s less than half the sum raised by rival Cloudera.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Reviewing the Latency Landscape and the Next Generation of Ultra-Low Latency Infrastructure

Date: 17 September 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Ultra-low latency is no longer the preserve of a handful of proprietary trading firms. As new asset classes electronify, data volumes surge, and regulatory expectations around execution quality and resilience tighten, the performance demands on trading infrastructure are broadening...

BLOG

TXSE Selects Exegy FPGA Technology for Market Data Infrastructure

The Texas Stock Exchange (TXSE) has selected Exegy to provide FPGA-based market data feed handlers as part of its launch infrastructure. TXSE is positioning itself as the first fully integrated U.S. equities exchange built from scratch in more than 25 years. As part of that ground-up approach, the venue has opted to deploy FPGA technology...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 9th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...