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: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

23 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance....

BLOG

Are Financial Infrastructures Ready for Round-the-Clock Trading?

Sergei Samushin, Head of Exchange Solutions, Devexperts. Financial markets are increasingly moving to incorporate longer trading hours. Whether it be pre-and post-market availability extending the traditional trading day, or 24/5 overnight trading in stocks, futures, and ETFs, the trend is clear. The progressive shortening of settlement cycles across jurisdictions is further evidence of this. There’s...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...