Amit Chowdhry, Pulse 2.0
June 2, 2014
http://pulse2.com/2014/06/02/concurrent-raises-10-million-in-series-b-109630

Enterprise data application company Concurrent has raised $10 million in Series B funding from new investor Bain Capital Ventures. Existing investors Rembrandt Ventures and True Ventures also participated in this round. Concurrent will be using the funding for research and development related to its products called Driven and Cascading. Bain Capital Ventures managing director Salil Deshpande is joining the board of directors at Concurrent.

Driven is an application management product for data-centric applications and Cascading is an application development framework for building data-driven applications. Cascading sees over 150,000 user downloads per month.

Concurrent makes it possible for organizations to quickly build and deploy applications to meet the demands of its business. Concurrent has news and expanded strategic partnerships with Hortonworks, Rackspace, EPAM and Databricks.

“Our investors’ confidence in Concurrent and this latest round of funding supports our strategy and proven leadership in providing Big Data application infrastructure to enterprises. Recognizing the maturing needs of the enterprise and emergence of new technologies, we are giving organizations the application development tools and management products they need to deliver today and in the future. This funding will not only enable us to drive our R&D execution, but will also allow us to expand operational capabilities to support our rapidly expanding user and customer base,” stated Gary Nakamura, CEO of Concurrent.

Derrick Harris, GigaOM
June 2, 2014
http://gigaom.com/2014/06/02/cascading-champion-concurrent-raises-10m

Big data startup Concurrent has raised a $10 million series B round of venture capital from Bain Capital Ventures, Rembrandt Ventures and True Ventures (Disclosure: True Ventures is also an investor in Gigaom). The company actually made its name building and supporting Cascading, a framework that many folks use to build Hadoop applications and data workflows at a higher level than writing MapReduce jobs, but is now also pushing application performance management with a product called Driven. Concurrent launched in 2007 and has raised nearly $15 million since first taking venture financing in 2011.

Arnal Dayaratna, Ph.D., Cloud Computing Today
June 2, 2014
http://cloud-computing-today.com/2014/06/02/concurrent-inc-finalizes-10m-in-series-b-funding-for-technologies-to-facilitate-use-of-big-data

Concurrent Inc. today announces the finalization of $10M in Series B funding in a round led by new investor Bain Capital Ventures, with additional participation from existing investors Rembrandt Ventures and True Ventures. Salil Deshpande, Managing Director of Bain Capital Ventures, will join Concurrent Inc.’s board of directors as a result of today’s funding raise. The funding will be used to accelerate the development of Concurrent’s commercial product Driven as well as Cascading, the framework for developing and managing Big Data applications. Driven fills a critical void within the Big Data industry by providing customers with visibility regarding application performance on Hadoop while Cascading represents one of the most widely used frameworks for application development on Hadoop. Concurrent’s Series B funding raise comes hot on the heels of its elaboration of details regarding Cascading 3.0 and the announcement of partnerships with Hadoop vendor Hortonworks and Databricks. Scheduled for release in the early summer, Cascading 3.0 features support for technology platforms and computational frameworks such as local in-memory, Apache MapReduce and Apache Tez. Meanwhile, Cascading’s partnership with Hortonworks integrates the Cascading SDK into the Hortonworks Data Platform under the terms of an agreement whereby Hortonworks will certify, deliver and support the Cascading framework. Today’s funding raise provides further validation of Concurrent’s business model and empowers it to consolidate its early positioning as a leader in the Big Data space, with specializations in applications that streamline and simplify Hadoop application development and cluster management. With its new round of funding in hand, the industry expect Concurrent Inc. to obtain more traction around its flagship product Driven as it continues to innovate at the forefront of technology platforms that facilitate the effective operationalization of Big Data. Today’s Series B announcement brings the total capital raised by Concurrent Inc. to $14M by building upon a March 2013 Series A round of $4M.

CJ Ariotta, Talkin’ Cloud
June 2, 2014
http://talkincloud.com/cloud-companies/060214/big-data-startup-concurrent-secures-10m-series-b-funding

Big data startup Concurrent, Inc. on Monday secured $10 million in Series B financing, with the hopes of furthering its product development and operational capabilities.

The Series B financing round was led by new investor Bain Capital Ventures, with the participation of existing investors Rembrandt Ventures and True Ventures.

The San Francisco-based application development company that specializes in assisting developers with the Apache Hadoop open-source software framework said it will also use the additional funding to scale its operations to meet growing customer demand.

Concurrent’s portfolio includes two major solutions: Driven, an application performance management product for data-centric applications; and Cascading, an application development framework for building data-oriented applications

Concurrent CEO Gary Nakamura said in a prepared statement that the financing round will be used to execute the company’s research and development plans for the expansion of operational capabilities.

“Recognizing the maturing needs of the enterprise and emergence of new technologies, we are giving organizations the application development tools and management products they need to deliver today and in the future,” he said.

Concurrent raised $4 million in Series A funding back in March 2013, a round led by True Ventures and Rembrandt Venture Partners.

Kevin C, Entrepreneur Sky
June 2, 2014
http://entrepreneursky.com/hadoop-startup-concurrent-secures-10-million-series-b-funding/

Hadoops very own startup, Concurrent, has recently secured a total of $10 million Series B in financial funding as a the surging enthusiasm surrounding the Big Data space continuous to grow.

The company’s flagship product is Cascading, a free bit of software that help out developers do the application development on top of Hadoop.

Troubles.

The company had ran into some unfortunate trouble during the previous year when it it gained over $4 million in Series A funding from True Ventures and Rembrand Venture partners, so they could continue funding the development of Cascade.

“In crisis there is opportunity,” chief technology officer Chris Wensel stated. ”By not having the capital and talent to boost our vision, we risk losing all we have done and will never reach the places we can see.”

After a year later, Things have manage to gone up hill for the company.”We’ve stabilized and built out the platform and made it very valuable,” Wensel told us by phone. Besides developing Cascading, the company has also pushed on with some associated projects such as “Patterns”, which makes it trivial to export machine-learning models from typical tech like MicroStrategies and onto Hadoop.

Growth.

Concurrent is currently seeing over “150,000 downloads a month” of its flagship Cascading software as of ” couple of months ago”, according to information provided by the chief executive Gary Nakamure. It also has recently manage to strategically partner up with companies including Hortonworks, Rackspace, and Databricks.

The recent boost of its product being adopted lead them to deciding on taking on even more money to continue funding its development, sales, and marketing of its commercial application performance management product “Driven.” There will also be more investment into the integration of various open source Hadoop-related projects to work along with Concurrent’s tech, including things such as Spark, Storm, and Apache Tez, Namakamure stated.

Bain Capital Ventures led the $10m round, along with the existing investors True Ventures and Rembrandt Ventures.

FinSMEs
June 2, 2014
http://www.finsmes.com/2014/06/concurrent-interview-with-ceo-gary-nakamura

San Francisco, CA-based enterprise data application platform company Concurrent has just closed a $10M Series B funding round (read here). CEO Gary Nakamura answered our questions about the company, the products and some milestones, the funding and future plans.

FinSMEs: Hi Gary. First, can you tell us a little bit more about you? What’s your background?
Gary: I’m the CEO of Concurrent, Inc. Prior to Concurrent, I was general manager at Terracotta, Inc. (acquired by Software AG), where I built the commercial open-source business and operations. I also spent the previous 10 years at BEA Systems and Netscape.

FinSMEs: Let’s speak about Concurrent. What’s the issue you wanted to fix and the opportunity you found in the market?
Gary: Enterprises are rapidly adopting Hadoop to meet business challenges that require a reliable way to consistently operationalize their data and deliver data products to their customers. Concurrent provides products and technology to organizations enabling them to quickly build, deploy and manage data-centric applications to meet the growing demands of their business.
Concurrent leads the market in the Big Data application infrastructure. We are the team behind Cascading, the most widely used application development framework for building data-oriented applications with more than 150,000 user downloads a month. Used by thousands of businesses including eBay, Etsy and Twitter, Cascading is the de facto standard in open source application infrastructure technology. Additionally, our flagship enterprise product, Driven, is purpose built to address the pain points of enterprise data application development and data application performance management by providing unprecedented visibility and control to organizations who need to deliver operational excellence.
The market growth opportunity for us is immense. Hadoop is quickly becoming a critical piece of data infrastructure for enterprises, and the data applications built on top are business critical. Cascading and Driven are in the sweet spot for enterprise demand to build, monitor, and manage reliable and performing data applications.

FinSMEs: How does Cascading work? Tell me something about the features…
Gary: Cascading is a proven application development framework that enterprises can use to easily and reliably build data products to meet business needs. Cascading dramatically simplifies application development, accelerates time to market, and allows enterprises to leverage existing infrastructure and skill sets.
At its core, Cascading is a Java library that fits directly into any standard development process and abstracts the complexity of building applications on Hadoop. Cascading’s APIs allow developers to keep business and integration logic separated, giving them the ability to focus on developing complete applications with test-driven development practices that solve business problems. Once your application is written, Cascading then converts your business logic into efficient parallel jobs for running on your computation fabric of choice.
With the upcoming release of Cascading 3.0, Cascading will have a pluggable and customizable query planner that gives enterprises the ability to write their applications once, and then run their applications on any supported fabric that best meet their business needs. Cascading 3.0 will add support for Apache Tez. Soon after, with community support, Apache Spark, Apache Storm and others will be supported.

FinSMEs: Where are you now in terms of growth? Some numbers?
Gary:
– Employees: We are under 20 employees
– Cascading has more than 150,000 user downloads a month and over 7,000 production deployments.
– Cascading users include Twitter, Etsy, eBay, The Climate Corp, among thousands of others.

FinSMEs: You just raised funding. What can you tell me about the investors? How are you using the funds?
Gary: We have a new investor with this round – Bain Capital Ventures. Our existing investors, Rembrandt Ventures and True Ventures, also participated. We’ll use the financing to drive research and development of Driven and Cascading, as well as scale our operations to meet growing customer demand.

FinSMEs:…future plans?
Gary: Yes – We have them. Data applications are the combination of enterprise IP, their data and reliable delivery. As we all journey through this Big Data experience, one thing will emerge as paramount and that is that data is the new competitive landscape. We will continue to deliver products and technology to make it easier for enterprises to build, deploy and manage data-centric apps.

Jordan Novet, VentureBeat
June 2, 2014
http://venturebeat.com/2014/06/02/making-big-data-easier-yields-10m-for-hadoop-startup-concurrent

Big data startup Concurrent proves that it pays to make hard computing simpler.

Concurrent founder Chris Wensel devised the open-source Cascading framework for abstracting away the complexities of running MapReduce jobs on the open-source Hadoop big data software for storing and processing lots of different kinds of data.

Now Concurrent has landed $10 million in new funding.

The startup aims to help more companies achieve “pure innovation through data” just as Twitter, the Climate Corp., and others have, chief executive Gary Nakamura said in an interview with VentureBeat.

It ordinarily takes special training to use Hadoop, but Concurrent makes Hadoop more accessible, and thus it becomes easier to write applications that use the magic data sitting in Hadoop.

“There’s ton of innovation around this notion of data and how to crete data products that end users will consume,” Nakamura said.

The company’s new backing is the latest evidence of a trend to make Hadoop more intuitive. Previously, we’ve seen Trifacta do well for itself by cleaning up data in Hadoop; we’ve seen Platfora make strides by constructing full-featured business-intelligence software for data in Hadoop; and we recently saw Splice Machine pull in more funding in its quest to make Hadoop better suited for real-time workloads.

And, of course, Hadoop distribution vendors Cloudera and Hortonworks have brought in big funding rounds recently, the kind of money that could help Hadoop become even more widely used at the largest companies in the world.

Bain Capital Ventures led Concurrent’s new funding round. Rembrandt Ventures and True Ventures also participated.

San Francisco-based Concurrent started in 2008. It has raised $14.95 million to date, including the $4 million round from last year. That’s when Nakamura came aboard.

The startup employs 20 people now, and that figure should double in a year, Nakamura said.

Most of the new money will go toward research and development, although some is being kept aside to pay for people who can win Concurrent new customers — likely the kinds of businesses that already use Cascading heavily.

As of now, Nakamura said, Concurrent has fewer than 10 paying customers. Then again, the company’s first commercial product, the Driven tool for managing and monitoring Cascading applications, came out just four months ago. And more than 7,000 companies use Cascading, Nakamura said. Big opportunities could lie ahead, then.

That could be especially true if Concurrent makes Driven compatible with big data technologies other than MapReduce — like the Tez framework for Hadoop, the open-source Spark engine, and the Storm stream-processing system.

“There’s a lot on the roadmap along the lines of Driven that we have yet to build,” Nakamura said.

Mary Shacklett, TechRepublic
May 16, 2014
http://www.techrepublic.com/article/concurrent-relieves-big-data-app-developers-of-hadoop-fabric-anxiety

Big data application developers need to navigate between different Hadoop fabrics to meet business requirements. Learn how one company is helping developers meet this need.

Software development using big data is no different than any other kind of software development. Organizations expect quick turnarounds; business requirements are rapidly changing; and IT must find ways to negotiate over multiple networks and operating systems for the plethora of different software and hardware platforms that enterprise applications traverse.

In one sense, this is initially easier in the big data world where enterprises are simply running on Hadoop, and not trying to reach out to other enterprise systems across the present “divide” that separates big data from other types of data processing. Despite this, there are still interoperability issues in this more constricted big data universe.

A fabric softener for big data?

These issues begin with the fact that there is more than one distribution of Hadoop. Hadoop service providers include Cloudera, Hortonworks, MapR Technologies, Amazon, Microsoft, Rackspace, Intel, IBM, Altiscale, Qubole, and others. Depending on which one you select, the underpinning of any application you develop will be slightly different. This won’t matter much if an organization remains focused on a query-only approach to big data that sticks with languages like Hive or Pig. But if the organization is intent on developing enterprise-strength applications that run off big data, having to move between different infrastructure Hadoop fabrics matters.

“Our goal is to make it easy for developers to build data applications on top of Hadoop,” said Gary Nakamura, CEO of Concurrent, which provides big data application infrastructure solutions. “The underlying structures of Hadoop can be highly complex, but if you construct an application development framework on top of it that can map to any underlying Hadoop fabric with the use of APIs (application programming interfaces), this frees the developer to focus on the layer of the application that contains the business logic.”

Relieving big data application developers of underlying “fabric anxiety” gives IT flexibility in moving from one big data computational fabric to another because it no longer has to consider the tedium of application migration in its plans. In the future, this means that depending on the business need, you will be able to run a big data application in-memory, or on Apache MapReduce, or on other big data computational fabrics. Concurrent calls this, “Write once — and deploy on your fabric of choice.”

Big data applications can also be adapted to changing business service level agreements (SLAs). Nakamura cites the example of an online retailer whose marketing department wants information on product sales performance every five hours, but then comes back to IT with a new request to see this information every 30 minutes. “Because big data historically only runs at one speed, the is a major challenge when it comes to writing big data applications,” said Nakamura, “But with the ‘write once’ capability that products like Concurrent’s Cascading 3.0 deliver, the application developer can focus on the intellectual property that the company wants to develop and on the data products he produces — without worrying about the underlying infrastructure.”

“I’m proud to see how Cascading has enabled thousands of developers and businesses to be successful at what they do,” added Chris Wensel, Concurrent’s Founder and CTO. “Cascading 3.0 will enable our users even further by simplifying application development, accelerating time to market, and allowing enterprises to leverage existing, and more importantly, new and emerging data infrastructure and programming skills.”

Products like this couldn’t be more timely, because enterprises are expecting more from big data than they were six months ago — and full-blown application development beyond simple query capabilities is just around the corner.

William Wallace, insideBIGDATA
May 14, 2014
http://inside-bigdata.com/2014/05/14/interview-concurrent-leads-way-application-building-hadoop

As enterprise adoption of Hadoop gains momentum, the need for fabric-agnostic application continues to rise as well. To meet this demand, Concurrent has recently announced the latest version of its application building platform, Cascading 3.0. We sat down with Gary Nakamura, CEO of Concurrent, to learn about this new product as well as other solutions from his company.

insideBIGDATA: What is the primary mission of Concurrent?

Gary Nakamura: Concurrent, Inc. is the leader in Big Data application infrastructure, delivering products that help enterprises create, deploy, run and manage data applications at scale. The company’s flagship enterprise solution, Driven, was designed to accelerate the development and management of enterprise data applications. Concurrent is also the team behind Cascading, the most widely-deployed technology for data applications with more than 150,000 user downloads a month.

insideBIGDATA: What does your company offer for enterprises seeking insight from Big Data?

Gary Nakamura: Concurrent is the team behind Cascading, the proven application development framework that makes it possible for enterprises to leverage their existing skill sets for building data-oriented applications on Hadoop. Cascading has built-in attributes that make data application development a reliable and repeatable process. Companies that standardize on Cascading can build data applications at any scale, integrate them with existing systems, employ test-driven development practices and simplify their applications’ operational complexity.

Additionally, there is strong demand for a solution that helps enterprises to understand what their data applications are doing. Concurrent is also the team behind Driven, the industry’s first application management product for data applications. Driven significantly accelerates developer productivity and provides unprecedented visibility into developing Big Data applications on Hadoop.

insideBIGDATA: Who does this technology help?

Gary Nakamura: Cascading helps enterprises solve business problems by connecting their business strategy to their technology and data with their data applications. The technology lowers the barrier for data-oriented application development so that enterprises can leverage their existing bench skills and infrastructure to build this class of applications.

Cascading is used by thousands of businesses including eBay, Etsy, The Climate Corp and Twitter, and is considered the de facto standard in open source application infrastructure technology.

insideBIGDATA: What does the Cascading 3.0 platform offer customers?

Gary Nakamura: Enterprises today are rapidly adopting Hadoop and other computation engines to process, manage and make sense of growing volumes of both unstructured and semi-structured data. At the same time, the need to rapidly and reliably build enterprise-class applications without deep knowledge of these technologies is the greatest it has ever been.

Cascading fulfills this need by allowing businesses to leverage their existing skill sets, investments and systems to build enterprise-class applications on Hadoop. With the family of Cascading applications, enterprises can apply Java, legacy SQL and predictive modeling investments, and combine the respective outputs of multiple departments into a single data processing application.

What’s new in Cascading 3.0:

• Allows enterprises to build their data applications once, with the flexibility to run applications on the fabric that best meets their business needs.
• Support for: local in-memory, Apache MapReduce, and Apache Tez.
• Future support for Apache Spark™, Apache Storm and others through its new pluggable and customizable query planner.
• Third party products, data applications, frameworks and dynamic programming languages built on Cascading will immediately benefit from this portability.
• Compatibility with all major Hadoop vendors and service providers: Altiscale, Amazon EMR, Cloudera, Hortonworks, Intel, MapR and Qubole, among others.

insideBIGDATA: Big Data and Hadoop go hand-in-hand obviously. How did Concurrent’s relationship with the Hadoop community come about?

Gary Nakamura: Concurrent’s open source project, Cascading, was created in response to the difficulties of application development on Hadoop. After realizing how difficult it was to create applications on raw MapReduce, our founder, Chris Wensel, decided to create an application development framework that would make it possible for enterprises to simply and reliably build data applications with their existing skill sets and infrastructure.
Over the years, Cascading has become the proven enterprise application development framework for organizations to standardize on. The community around Cascading has evolved to the point where there are now several well-known dynamic programming languages built on top of Cascading (i.e. Scalding, Cascalog) as well as integrations produced by the community that extend Cascading’s capabilities. Also, based on customer demand, Concurrent has strong partner relationships in the ecosystem. All major Hadoop distribution partners make sure that their distribution is compatible with Cascading.

insideBIGDATA: Is Cascading 3.0 fabric-specific or is MapReduce the model of choice?

Gary Nakamura: Cascading 3.0 is fabric agnostic. Enterprises can make their choice of execution fabric based on the needs of their business. Cascading 3.0 is designed to work with various fabrics, whether it’s MapReduce or new and emerging fabrics such as Tez. Support is also planned for Spark and Storm. Cascading gives its users the choice on which fabric is best to use in order to meet business requirements. This means you can develop once and port to various fabrics, without the need to rewrite.

insideBIGDATA: As more and more and organizations adopt Hadoop, what is Concurrent doing to keep pace? In other words, what does the future hold?

Gary Nakamura: Our roadmaps are heavily influenced by customer demand and our aim is to be a few steps ahead of our users. With Cascading, we’re focused on solving the problem of enterprises operationalizing their data. At this point, we are seeing that organizations require emerging execution fabrics to meet a variety of business requirements (i.e. latency, scale, service level agreements). To meet customer demand, we are adding support for Apache Tez in Cascading 3.0. In future releases, Cascading will support Spark and Storm as well.

The next critical problem our customers are seeing is operational visibility for their data applications. Hadoop is becoming the operational center for enterprises and their data applications, the place where they’re looking to build hundreds of mission-critical data products. Driven is the first product in the industry that provides the needed operational visibility required from enterprises. With Driven, enterprises will be able to immediately understand what their data applications are doing in real-time. Driven accelerates the time to market for data products by providing capabilities for developers to visualize their data application, immediately diagnose failures, and optimize for application performance.

Arnal Dayaratna, Ph.D., Cloud Computing Today
May 13, 2014
http://cloud-computing-today.com/2014/05/13/1070349

Today, Concurrent announces the release of Cascading 3.0, the latest version of the popular open source framework for developing and managing Big Data applications. Widely recognized as the de facto framework for the development of Big Data applications on platforms such as Apache Hadoop, Cascading simplifies application development by means of an abstraction framework that facilitates the execution and orchestration of jobs and processes. Compatible with all major Hadoop distributions, Cascading sits squarely at the heart of the Big Data revolution by streamlining the operationalization of Big Data applications in conjunction with Driven, a commercial product from Concurrent that provides visibility regarding application performance within a Hadoop cluster.

Today’s announcement extends Cascading to platforms and computational frameworks such as local in-memory, Apache MapReduce and Apache Tez. Going forward, Concurrent plans for Cascading 3.0 to ship with support for Apache Spark, Apache Storm and other computational frameworks by means of its customizable query planner, which allows customers to extend the operation of Cascading to compatible computational fabrics as illustrated below:

The breakthrough represented by today’s announcement is that it renders Cascading extensible to a variety of computational frameworks and data fabrics and thereby expands the range of use cases and environments in which Cascading can be optimally used. Moreover, the customizable query planner featured in today’s release allows customers to configure their Cascading deployment to operate in conjunction with emerging technologies and data fabrics that can now be integrated into a Cascading deployment by means of the functionality represented in Cascading 3.0.

Used by companies such as Twitter, eBay, FourSquare, Etsy and The Climate Corporation, Cascading boasts over 150,000 applications a month, more than 7,000 deployments and 10% month over month growth in downloads. The release of Cascading 3.0 builds on Concurrent’s recent partnership with Hortonworks whereby Cascading will be integrated into the Hortonworks Data Platform and Hortonworks will certify and support the delivery of Cascading in conjunction with its Hadoop distribution. Concurrent also recently revealed details of a strategic partnership with Databricks, the principal steward behind the Apache Spark project, that allows it to “operate over Spark…[the] next generation Big Data processing engine that supports batch, interactive and streaming workloads at scale.” In an interview with Cloud Computing Today, Concurrent CEO Gary Nakamura confirmed that Concurrent plans to negotiate partnerships analogous to the agreement with Hortonworks with other Hadoop distribution vendors in order to ensure that Cascading consolidates its positioning as the framework of choice for the development of Big Data applications. Overall, the release of Cascading 3.0 represents a critical product enhancement that positions Cascading to operate over a broader pasture of computational frameworks and consequently assert its relevance for Big Data application development in a variety of data and computational frameworks. More importantly, however, the product enhancement in Cascading 3.0, in conjunction with the partnership with Databricks regarding Apache Spark, suggests that Cascading is well on its way to becoming the universal framework of choice for developing and managing applications in a Big Data environment, particularly given its compatibility with a wide range of Hadoop distributions and data and computational frameworks.