SOURCE: Altiscale

Altiscale

June 04, 2015 07:00 ET

Altiscale Chosen for the 2015 Red Herring Top 100 North America Award

Award Recognizes the Promise and Value of Hadoop-as-a-Service Leader

PALO ALTO, CA--(Marketwired - Jun 4, 2015) - Altiscale, Inc., the leading provider of Hadoop-as-a-Service, today announced that it has been selected for the 2015 Red Herring Top 100 North America Award. The award highlights the year's most promising private technology start-ups from North America.

As an award winner, Altiscale demonstrated its strength across twenty major criteria, including: addressable market size, intellectual property position, financial strength, demonstrated proof of technology, trailing revenues, and management team expertise. Award finalists are frequently the highest performing and most prominent private technology companies of the year.

Altiscale's mission is to help its customers discover value in the flood of data generated by the connected world. The Altiscale Data Cloud, a high-performance Hadoop ecosystem offered as a service, gets customers up and running with a complete big data platform quickly and affordably. The Altiscale Data Cloud delivers fast, reliable, and secure petabyte-scale infrastructure that is backed by the operational experience of a team of veterans from major Internet companies, including Yahoo!, Google, and LinkedIn.

Unlike other infrastructure service providers that offer minimal operational support and leave their customers to struggle with the challenges of Hadoop management, the Altiscale team runs, updates, and manages the customer's entire Hadoop implementation. Altiscale also provides Advisory Services to help customers find the best method for addressing their business challenges. This complete offering frees customers to focus on business-critical insight, instead of Hadoop system administration.

"It's an honor to be selected for the Red Herring Top 100 North America," said Raymie Stata, co-founder and CEO of Altiscale. "We see this recognition not just as a validation of the company, but a validation of the value that Altiscale provides to our customers. Hadoop is rapidly becoming a critical enterprise platform, and the success and satisfaction of our customers demonstrate that the best way to experience Hadoop is in the cloud."

In April, Altiscale was named by an independent analyst firm as a 2015 Cool Vendor in Big Data. To download that report, go to altiscale.com/cool-vendor

About Altiscale

The Altiscale Data Cloud was created to provide organizations access to the only infrastructure "purpose-built" for Hadoop, as well as the operational expertise needed to execute complex Hadoop projects. By monitoring both the infrastructure and jobs, Altiscale provides unparalleled levels of service for its customers. Founded in 2012, the Altiscale team has been on the forefront of Apache Hadoop -- from its incubation at Yahoo to operating more than 40,000 Hadoop nodes. As a company that understands the transformative power of this technology and its challenges, no other organization is better positioned to deliver reliable and scalable Apache Hadoop. Investors include Accel Partners, General Catalyst, Northgate, and Sequoia Capital. For more information, please visit altiscale.com or follow us on Twitter @Altiscale.

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