Shares in Cloudera (NYSE: CLDR) rose over 20% on their first day of trading to close at $18.09 and giving it a market cap of about $2.3 billion. The IPO price was $15.
Cloudera, which was founded in 2008 and is based in Palo Alto, California, specializes in enterprise analytic data solutions powered by Apache Hadoop. Cloudera's overall revenue was about $261 million last year, up significantly from the year before. The company has approximately...
