In efforts to boost its cloud platform, Google has announced that it has acquired Cask Data, a Palo Alto-based startup that specializes in building solutions to run big data analytics services based on Hadoop.
This news comes less than a week after Google announced the acquisition of Velostrata, a startup from Israel that helps businesses migrate and run data, apps and other IT functions in the cloud and across hybrid environments.
Cask Data said in a statement that they will continue to develop and release open source Cask Data Application Platform (CDAP) that makes building and running big data solutions easy for enterprise customers.
William Vambenepe, Group Product Manager, Google Cloud, said,
“We’re thrilled to welcome the talented Cask team to Google Cloud, and are excited to work together to help make developers more productive with our data processing services both in the cloud and on-premise. We are committed to open source, and look forward to driving the CDAP project’s growth within the broader developer community.”
Notably, neither Cask nor Google described the deal as an “acquisition.” However, it seems that least a portion of its 55 staff, and Cask’s products and customers, are part of the deal. Financial terms related to this transaction has not been disclosed.
Cask Data had raised around $40 million in funding so far, with a long list of big-name investors, including Andreessen Horowitz, AME Cloud Ventures, Battery Ventures, Cloudera, Data Collective, Ericsson and Ignition Venture Partners.
Google Cloud is estimated to be a $4 billion business, putting it far behind Amazon and Microsoft’s cloud services, which respectively are heading to annual revenues of $20 billion and $21 billion. Similarly, it appears to also be trailing behind the two when it comes to enterprise adoption.