November 8, 2011 – A big data investment and big vendor team-up highlighted the first day of Cloudera’s growing Hadoop World conference. In its third year, the sold-out, two-day conference based in New York City featured a slate of training and informational sessions on the unstructured data framework.
Accel Partners announced at the conference Monday it has set aside $100 million to invest in startups that are aimed at dealing with massive data sets. In a news release on the fund, Accel Partner and, Ping Li, an investor in the big data fund said the financial backing stems from companies like Facebook and Dropbox that generate mounds of data and enable a deeper view of customers and users.
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