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Arlington-Based In-Q-Tel Increases Investment in Cloudera

In-Q-Tel (IQT), the Arlington-based venture fund backed by the Central Intelligence Agency (CIA), said it has increased its investment in Cloudera, a Silicon Valley developer of data management software and services based on the open source Apache Hadoop framework. The investment was part of the company's new $65 million round, led by Accel Partners. Greylock Partners, Ignition Partners and Meritech Capital also participated. Cloudera plans to use the proceeds for international expansion that will include the opening of a European headquarters in the U.K. early next year.

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