Usman Shah
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Hortonworks Going Public Within 2 Years

Hortonworks an enterprise software start-up is planning to go public in the next 20 months. "We started the company from day one and how we structured it with the goal and objective to build a public company" said CEO Rob Bearden. Hortonworks develops, distributes and supports Apache Hadoop. The CEO declined to give any current revenue numbers but said the company will have a run rate of $100 million by next year. The company has raised $103 million so far from venture capital firm backing the company. The company has been increasing the number of paying customers by 25% per quarter.