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

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

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. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

A-Team Group Announces Winners of the AI in Capital Markets Awards 2025

A-Team Group has announced the winners of the inaugural AI in Capital Markets Awards 2025, celebrating the most innovative and impactful applications of artificial intelligence and machine learning across the global financial markets. The new awards programme recognises technologies that have moved beyond proof-of-concept to deliver measurable value, supporting efficiency, resilience, and insight generation across...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Putting the LEI into Practice

Hundreds of thousands of pre-Legal Entity Identifiers (LEIs) have been issued by pre-Local Operating Units (LOUs) in the Global LEI System (GLEIS), and the standard entity identifier has been mandated for use by regulators in both the US and Europe. As more pre-LEIs are issued ahead of the establishment of the global systems’ Central Operating...