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Categories: Cloudera Intel

#Cloudera Inc., the #bigdata company backed by #Intel Corp., is working with #MorganStanley, #JPMorgan Chase & Co. and #BankofAmerica Corp. on its initial public offering, people with knowledge of the matter said. The company, based in Palo Alto, California, has filed paperwork for an IPO confidentially with the U.S. Securities and Exchange Commission, said one of the people, who asked not to be identified because the information is private. Cloudera is planning to go public this year and is eyeing a valuation of about $4.1 billion, said the people, in line with what it fetched in its last private funding round three years ago.

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