LOS ANGELES | SAN FRANCISCO | NEW YORK | BOSTON | SEATTLE | MINNEAPOLIS | MILWAUKEE August 13, 2013 Michael Pachter Steve Koenig (213) 688-4474 (415) 274-6801
[email protected] [email protected] PRISM … Progress Report for Internet and Social Media In This Issue: Cloudera, WhatsApp Cloudera Big Data analysis firm founded by four tech veterans from Facebook, Yahoo, Google and Oracle. Developed applications based on open source Apache Hadoop to process large data sets. Has raised $141 million over five rounds of funding. Annual revenue estimated at $100 million. Market expected to grow at 54% CAGR over next five years. WhatsApp Mobile instant messaging service with 250 million global monthly active users. Subscription-based revenue model; no advertisements or virtual goods. Mostly self-funded, with only $8 million raised in four years. STRATEGIES GROUP THE INFORMATION HEREIN IS ONLY FOR ACCREDITED INVESTORS AS DEFINED IN RULE 501 OF REGULATION D UNDER THE SECURITIES ACT OF 1933 OR INSTITUTIONAL INVESTORS. WEDBUSH PRIVATE COMPANY Wedbush Securities does and seeks to do business with companies covered in its research reports. Thus, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Please see page 10 of this report for analyst certification and important disclosure information. Cloudera Cloudera offers scalable and efficient data storage and analytics solutions to companies in the enterprise, Internet and government sectors. The company, based in Palo Alto, was launched in 2008 by three top engineers from Google, Yahoo, and Facebook (Christophe Bisciglia, Amr Awadallah, and Jeff Hammerbacher, respectively) who joined former Oracle executive Michael Olson to address problems inherent in analyzing large volumes of data quickly.